Egil Hogna

Egil Hogna To Depart Norsk Hydro Upon Successor’s Appointment

Egil Hogna To Depart Norsk Hydro Upon Successor’s Appointment

Norwegian aluminium smelter Norsk Hydro ASA announced yesterday the departure of executive vice president Egil Hogna at the end of the year. The Oslo native joined Hydro upon its full acquisition of Sapa Group in 2017, becoming the head of its Extruded...

Arconic Deals Two Brazilian Extrusion Plants to Norsk Hydro for US$10 Million

Norwegian aluminium firm Norsk Hydro A.S.A. announced yesterday that its subsidiary Hydro Extruded Solutions AS has come to an agreement with U.S. value-added aluminium firm Arconic to purchase the latter’s twin aluminium extrusion plants in southern Brazil. Hydro said the US$10-million deal will enhance the firm’s operations in the country. The two plants, located in […]

Norsk Hydro Closes On Purchase of Remaining Interest in Sapa from Orkla

Norsk Hydro A.S.A. announced yesterday that it has completed the acquisition of the remaining shares of Sapa AS, making it the full owner of the firm. The two firms agreed upon an enterprise value for the entirety of Sapa’s operations of NOK27 billion (US$3.37 billion). Adjusted for net debt and normalized working capital, Hydro tendered […]