Hindalco to acquire Norsk Hydro’s Kuppam aluminium extrusion plant
Hindalco Industries Limited has agreed to acquire the aluminium extrusion operations of Norwegian aluminium and renewable energy company Norsk Hydro in Kuppam, Andhra Pradesh, India for $33 million. The deal includes the sale of Kuppam aluminium extrusion plant that employs nearly 245 direct employees and approximately 224 contract employees. Erik Fossum — Norsk Hydro SVP […]