Hydro Building Systems acquires 100% of the shares of Eugen Notter GmbH
Norsk Hydro has today completed the acquisition of the hardware company Eugen Notter GmbH, strengthening Hydro's offering to the building and construction industry.
Eugen Notter Gmbh (hereafter "Notter") is a German aluminium window hardware manufacturer established in Stuttgart in1931, relocated to Mainhardt in 1954, with a global customer base in Europe, North America and Asia. For more than 20 years, Notter has been a supplier of Hydro Building Systems, offering hardware for aluminium windows. The acquisition is a consequence of the succession plan of the owners.
“This acquisition will support Hydro’s strategy to offer innovative solutions for windows and doors to serve an increasingly sophisticated market. We are very pleased to have acquired the skills and knowledge of this niche player,” says Gøte Nordh, VP Hydro Building Systems.
Hydro will now be able to add competence of hardware design and manufacturing to its aluminium building system competence.
Closeness to the market
“We are very proud to have built up a solid family business, and are pleased that the company will now be in good hands. Hydro, has a solid presence in the German speaking markets, backed with its international network and financial robustness," says the previous owners, family Riek.
Notter will continue to operate as before, serving all its customers and working with its suppliers as under the previous owners.
Hydro Building Systems intends to continue its business relationship with its other hardware suppliers.
For more information, please contact:
Denis Auvray, Director Hardware
+32 496 579 616
Hilde Haugen Kallevig, VP Communications
+47 907 28 052