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European Commission Phase II unconditional merger clearance: Norsk Hydro/Alumetal (M.10658) – aluminium foundry and master alloys (4 May 2023)

Practice notes
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CASE HUB ARCHIVED

This archived case hub reflects the position as at the decision date of 4 May 2023; it is no longer updated. For more, see the timeline.

Case facts

Outline of the European Commission’s merger investigation into Norsk Hydro’s proposed acquisition of Alumetal S.A. (M.10658). The transaction entails horizontal overlaps in the market for producing and supplying aluminium foundry alloys and master alloys.

Latest developments

On 4 May 2023, the Commission cleared the transaction without conditions.

Parties

  • Norsk Hydro (Hydro): A Norwegian aluminium company operating across the aluminium value chain, from bauxite and alumina production to energy generation and aluminium recycling.
  • Alumetal S.A. (Alumetal): A Polish producer of aluminium foundry alloys and aluminium master alloys, with plants in Poland (Kety, Gorzyce and Nowa Sol) and Hungary (Komarom).

Background

On 29 April 2022, Hydro announced a tender offer to acquire 100% of the shares...

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Web page updated on 28/05/2026

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