Hydro Completes Acquisition of Hueck
HYDRO HAS completed the acquisition of Hueck on following approval from competition authorities in Germany and Austria. The acquisition strengthens Hydro Building Systems’ position in Europe and complement its footprint.
Hueck is a family-owned business and provider of aluminium systems and extruded aluminium profiles, with headquarters in Lüdenscheid, Germany. It has 500 employees, two extrusion presses and an integrated cast house operation. Hueck is divided into two businesses: Extrusion and Systems.
Germany is the largest segment of the European market for building systems. Now, Hydro 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.
“Together, as One Company, we will go beyond our sustainability strategy with low-carbon solutions. We are deepening our digital approach to efficiently support our customers, as well as our research into innovations. Our mission remains unchanged, we are fully committed to helping our customers realise new opportunities in the building and construction market,” says Senior Vice President Henri Gomez, who heads Hydro Building Systems.
“We look forward to meeting our new colleagues and together we will write new chapters in our common history.”
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