Speira’s $1.67 Billion Acquisition of Norsk Hydro’s Aluminum Rolling Business

Paul, Weiss advised KPS Capital Partners on the deal.

KPS Capital Partners, LP completed its creation of Speira Holdings, LP, which executed approximately $1.67 billion acquisition of the global aluminum rolling business from Norsk Hydro ASA.

Speira is a leading global manufacturer of aluminum rolled products, serving some of the most well-known companies in the global automotive, packaging, printing, engineering, building and construction industries.

Hydro is a leading industrial company committed to a sustainable future. Hydro develops natural resources into innovative and efficient products and solutions.

KPS Capital Partners, LP is a global and renowned private equity firm with exclusive expertise in investing across a range of manufacturing industries.

The Paul, Weiss team included corporate partners Alvaro Membrillera (Picture), Manuel Frey, David Carmona and Angelo Bonvino, and counsel Mikhel Schecter; tax partner David Mayo; litigation counsel Peter Jaffe and Rachel Fiorill; and antitrust counsel Marta Kelly.

Involved fees earner: Angelo Bonvino – Paul Weiss Rifkind Wharton & Garrison; David Carmona – Paul Weiss Rifkind Wharton & Garrison; Manuel Frey – Paul Weiss Rifkind Wharton & Garrison; Peter Jaffe – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison; Alvaro Membrillera – Paul Weiss Rifkind Wharton & Garrison; Mikhel Schecter – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: KPS Capital Partners, LP;

Author: Federica Tiefenthaler