|Type||50/50 joint venture|
|Key people||Svein Tore Holsether (President and CEO)|
|Revenue||NOK 43 billion 2012|
Sapa AS is a Norwegian manufacturer of extruded aluminium profiles, a 50/50 joint venture owned by the Norwegian companies Orkla Group and Norsk Hydro. Sapa's head office is in Oslo. It is the largest aluminium extrusion company in the world, counting 100 production sites in more than 40 countries, and has 23,000 employees.
Skandinaviska Aluminiumprofiler AB (Scandinavian Aluminum Profiles) set up its first extrusion plant in Vetlanda in 1963, with sales of aluminum profiles from the Swedish plant beginning in 1967. Sapa established four years later the company Sapa Spont, its first extruded aluminium-based building system. In 2005, Sapa was acquired by the Norwegian corporation Orkla Group and delisted from the Stockholm Stock Exchange.
Sapa and Alcoa engaged in a joint venture in 2007, thereby creating one of the leading extrusion companies. One year later, in 2008, after a swap transaction between Alcoa and Orkla, Orkla become the sole owner of Sapa.
In 2009, Sapa acquired the 10 North American extrusion plants that belonged to Indalex. At the time of the purchase, Indalex was under bankruptcy protection. The acquisition covered six plants in the United States and four in Canada.
In October 2012, Orkla and the Norwegian company Norsk Hydro announced that they had agreed to combine the aluminium extrusion businesses of Sapa and Hydro into a new 50/50 joint venture. This joint venture would bring together the industry's two largest global players. After having received approvals from all relevant authorities, the joint venture transaction was closed and the new Norwegian company established on September 1, 2013.
Sapa AS includes five business areas, and is owned to 50 percent by Orkla Group and 50 percent by Hydro. Sapa is divided into Sapa Extrusions, Sapa Precision Tubing and Sapa Building Systems. The company has some 100 production sites in more than 40 countries. Sapa AS has about 23,000 employees across the world.
Sapa Extrusions is a producer of extruded aluminium profiles. Sites also handle cutting, bending, CNC processing, hydroforming, fusion welding, friction stir welding, electromagnetic pulse forming, electromagnetic pulse welding anodizing and painting. With production facilities across the world, Sapa Extrusions is organized in three business areas, covering the Americas, Asia, and Europe.
Sapa Building Systems
Sapa Building Systems develops and sells aluminium-based window, door and facade products. This includes the development of energy-saving concepts.
Sapa Precision Tubing
Sapa Precision Tubing develops and markets aluminium tubing and tubing solutions primarily for heat transfer applications in the automotive industry and in the heating, ventilation, air conditioning and refrigeration industry.
In 1996 Sapa introduced friction stir welding (FSW) to enable a process of solid-state joining as a production method. The method drastically advanced the production capacity at Sapa. Half of today's research and development budget at Sapa is directed towards finding new ways for heat transfer to occur.
Sapa AS has production and/or sales activities in the following countries:
- "Joint venture Sapa Alcoa". Sapa. Retrieved 2008-06-16.
- "Sapa to strengthen North American business – in process to acquire Indalex". Sapa. Retrieved 2009-06-17.
- Taking the pulse in Poland, E-magin 5, Xtrude 1/2010, Newsletter from Sapa Automotive, Pages 8-9.
- Fast facts, Sapa