Hydro's acquisition of Hueck completed

Hydro's acquisition of Hueck completed
Photo source

Date: 6 March 2023

Hydro completed the acquisition of Hueck on February 28, following approval from competition authorities in Germany and Austria.

The acquisition strengthens Hydro’s presence in Germany and other European markets, and creates a solid platform for further growth in Extrusions and Building Systems.

“Hueck is in many ways a perfect fit for Hydro Extrusions. With our new colleagues on board, we instantly grow our market share in the important German markets for both Building Systems and Extrusions. We look forward to meeting the people and together we will write new chapters in the history of both companies,” says Executive Vice President of Hydro Extrusions, Paul Warton.

Germany is the largest segment of the European market for building systems and aluminium extrusions. With the acquisition, Hydro will have five extrusion facilities, three recycling facilities and a total of 2,000 employees in the country. This includes 200 technicians who are specialists in creating solutions for windows, doors and facades for the building and construction industry.

Hydro Extrusions is one of Hydro’s strategic growth areas and announced growth investments worth NOK 1.9 billion during 2022.

The transaction was announced on December 8, 2022.

600450 Hydro's acquisition of Hueck completed glassonweb.com

Others also read

Pioneering Innovation, Inspiration, and Sustainability
Glass Performance Days 2023 “Way to Grow”
PVC Window System Suppliers look back to a successful General Assembly and Launch of new Recycling Project “Oknorec” in Poland
Customers attending Converge 23 in Nashville had the opportunity to directly influence the next generation in software.
Glazing contractors in British Columbia are invited to participate in a strategy and networking event on June 16, sponsored by the Fenestration and Glazing Industry Alliance FENBC Region.
Register for your free ticket to attend!

Add new comment

From industry

Am Pfahlgraben 4
35415 Pohlheim