About Hydro Company history 2006 - 2017 2013: The world's biggest manufacturer of aluminum extrusions 2013: The world's biggest manufacturer of aluminum extrusions In September 2013, Hydro's worldwide production of aluminum extrusions merged with its largest competitor, Sapa. The new company is the largest supplier of extruded aluminum, including construction and transport, and is 50 percent owned by Hydro. Signing: From left, Hydro CEO Svein Richard Brandtzæg, Sapa CEO Svein Tore Holsether and Orkla CEO Åge Korsvold met in Oslo on September 1, 2013, to sign the concluding documents for the Sapa transaction. (Photo: Halvor Molland) The establishment of the new joint venture took place in a situation of very demanding markets, especially in Europe. Sapa has, after the merger, a strong position in the European home market as well as in the U.S., South America, China, India and Vietnam. It is among the world leaders in the processing of aluminum with about 25,000 employees and total annual revenues of approximately NOK 50 billion (2011 figures). Production units are largely focused on serving customers in local and regional markets. The extrusions are tailored to customers' specifications and needs, while production processes are largely standardized. “The new Sapa is a robust, global company that is well equipped for the increasingly tough international competition. The company has the necessary strength to overcome the market challenges and create a platform for future development in emerging markets,” President and CEO Svein Richard Brandtzæg said in connection with the merger. “We want to supply aluminum products to the world. Sapa basically had a strong position in North America, while Hydro's extrusion activities were well positioned in South America and Europe,” said Brandtzæg. Updated: August 18, 2020 Hydro history in brief Let us show you the highlights of our history, in a compelling visual scrollstory. 2017: 100% aluminum 2013: The world's biggest manufacturer of aluminum extrusions 2011: Hydro came full circle in Brazil 2007: Just aluminum, 105 years on About Hydro Key facts Hydro worldwide The Hydro Way Brand center Corporate governance Modern Slavery Transparency statement Website cookies Contact Contact Media contacts Investor Relations Contacts Customer service portal Follow us Instagram Facebook LinkedIn Twitter Flickr YouTube Shapes Suppliers Privacy policy Terms & conditions Accessibility Sitemap © 2021 Norsk Hydro ASA