Sapa (company)

Sapa AS

Type	50/50 joint venture
Industry	Aluminium
Founded	1963
Headquarters	Oslo, Norway
Key people	Egil Hogna (President & CEO)
Products	building products heat transfer tubing profiles extrusion aluminium solutions
Revenue	NOK 55 billion 2015
Number of employees	22,800 (2015)
Website	www.sapagroup.com

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-based solutions company in the world, counting 100 production sites in more than 40 countries, and has 22,800 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. The Norwegian corporation Orkla Group acquired Sapa in 2005 and delisted the company from the .

Sapa and Alcoa engaged in a joint venture in 2007, thereby creating one of the leading extrusion companies. One year later, in December 2008, Alcoa and Orkla executed an asset swap transaction. In this transaction, Orkla took over Alcoa's soft aluminium alloy extrusion business, which was then organized under the Sapa name, and became the sole owner of Sapa.

The next big step in the growth of Sapa's extrusion operation occurred in 2009, when the company 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, which would keep the Sapa name. 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 a new company, Sapa AS, was established on September 1, 2013. Its management is based at the company's head office in Oslo, Norway. Egil Hogna serves as the company's President & CEO, while Orkla's top executive, Peter A. Ruzicka, chairs Sapa's board of directors.

Internally, Sapa AS has four business areas. Two of them, organized geographically, are within Sapa Extrusions. The other two are Sapa Precision Tubing and Sapa Building Systems. The company has some 100 production sites in more than 40 countries. Sapa AS has about 22,800 employees across the world, according to its annual report.