Hydro and Northvolt have signed an agreement where Hydro will acquire the remaining shares in the battery recycler Hydrovolt for NOK 78 million. Hydro is increasing its ownership in Hydrovolt from 72 to 100 percent through this transaction. Hydrovolt is a battery recycling and raw materials company established in 2020 as a 50/50 joint venture between Hydro and Northvolt. Hydrovolt is recycling EV and industrial ...Full story available on Benzing…

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Hydro buys remaining shares in Hydrovolt from Northvolt

STOCKHOLM : Norway's Hydro said on Monday it has agreed to buy the remaining shares in battery recycler Hydrovolt from Swedish battery maker Northvolt for 78 million Norwegian crowns ($6.79 million). Hydro said in a statement it was increasing its stake in Hydrovolt to 100 per cent from 72 per cent throug

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Hydro acquires remaining shares in Hydrovolt - Norsk Hydro (OTC:NHYDY)

STOCKHOLM (Reuters) – Norway’s Hydro said on Monday it has agreed to buy the remaining shares in battery recycler Hydrovolt from Swedish electric-vehicle battery maker Northvolt for 78 million Norwegian crowns ($6.79 million). Hydro said in a statement it would through the deal raise its stake in Hydrovolt to 100% from 72%. Hydro said in October it had raised its stake in Hydrovolt, a joint venture partner Northvolt, which is under Chapter 11 ba…

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Norsk Hydro announced on Monday that it would buy back from Sweden's Northvolt the 28% it does not yet own in the battery recycler Hydrovolt.

Norsk Hydro a annoncé lundi qu'il allait racheter au suédois Northvolt les 28 % qu'il ne détient pas encore dans le recycleur de batteries Hydrovolt.

Northvolt se désengage du recycleur norvégien de batteries Hydrovolt

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Northvolt to divest from the Norwegian battery recycler Hydrovolt

Swedish battery manufacturer Northvolt is exiting battery recycling company Hydrovolt. Norsk Hydro is buying the remaining shares for NOK 78 million.

Den svenske batteriprodusenten Northvolt går ut av Hydrovolt, som gjenvinner batterier. Norsk Hydro kjøper resten av aksjene for 78 millioner kroner.

Hydro kjøper resten av aksjene i Hydrovolt fra kriserammede svenske Northvolt

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Hydro acquires remaining shares in Hydrovolt from crisis-hit Swedish Northvolt

STOCKHOLM : Norway’s Hydro said on Monday it has agreed to buy the remaining shares in battery recycler Hydrovolt from Swedish battery maker Northvolt for 78 million Norwegian crowns ($6.79 million). Hydro said in a statement it was increasing its stake in Hydrovolt to 100 per cent from 72 per cent through the deal. Hydro said in October it had raised its stake in Hydrovolt, which it set up with joint venture partner Northvolt, which is under ba…

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Bankrupt battery maker Northvolt AB agreed to sell its remaining shares in a recycling venture to Norsk Hydro ASA as it continues to slim down operations amid a Chapter 11 process in the U.S.

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Northvolt Sells Its Stake in Recycling JV to Norsk Hydro

Norwegian aluminium producer Norsk Hydro announced on Monday that it would buy back from struggling Swedish firm Northvolt the 28% stake it does not yet hold in battery recycler Hydrovolt.

Le producteur norvégien d'aluminium Norsk Hydro a annoncé lundi qu'il allait racheter au suédois Northvolt, actuellement en grande difficulté, les 28% qu'il ne détient pas encore dans le recycleur de batteries Hydrovolt.

Northvolt monétise sa part dans le recycleur de batteries Hydrovolt

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Northvolt monetizes its stake in battery recycler Hydrovolt

Swedish electric-vehicle battery maker Northvolt sells its remaining shares in battery recycler Hydrovolt to Oslo’s aluminium and energy company Hydro, for NOK 78M (nearly €6.66M). The deal increases Hydro’s ownership in Hydrovolt from 72 per cent to 100 per cent. This development for Northvolt comes amid its financial crisis. In 2024, the company announced a shift toward reorganisation as it filed for Chapter 11 bankruptcy protection in the US,…

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Amid financial turmoil, Northvolt sells its stake in battery recycling JV Hydrovolt to Hydro

Vodafone said that part of the proceeds enabled the telco to increase its ownership in Indian telecom operator Vodafone Idea U.K-based Vodafone Group has finalized the sale of its remaining stake in Indian tower operator Indus Towers. In a regulatory filing, the company confirmed the sale of its remaining 3% holding, generating proceeds of INR […]

Hydro acquires remaining shares in Hydrovolt - Norsk Hydro (OTC:NHYDY)

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