Hydro sells Spanish paint line to Installux Group

Hydro has signed an agreement with Installux Group for the sale of the Santa Oliva plant in Spain.

The decision to divest is part of the overall review in Extruded Solutions, aiming to optimize and streamline the portfolio. The transaction is expected to be completed in Q4 2019.

The Santa Oliva plant is part of the Extruded Solutions business area and has around 50 employees.