Speira GmbH Asset Profile

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Year established

2021

Location

Germany

Primary Industry

Materials

About

Based in Norway, Speira GmbH is an aluminum rolling and recycling company serving the automotive, packaging, printing, engineering, building, and construction industries. In 2021, Norsk Hydro ASA sold its rolling business to USA-based KPS Capital Partners, LP for NOK 14.2 billion. KPS’s acquisition includes Norsk Hydro’s business, Alunorf, an aluminum rolling mill, and Grevenbroich, an aluminum finish mill. Under KPS’s ownership, Hydro’s rolling business was renamed, Speira. Speira operates seven manufacturing facilities across Germany and Norway. The company is led by Einar Glomnes as CEO. As of 2021, Speira employs about 5000 people in Germany and Norway. The company’s business is to manufacture aluminum rolled products at about one million tonnes per year. Speira is a supplier of aluminum solutions to the green mobility sectors such as cars and all other means of transportation along with electro-mobility. For the year ended 31st December 2020, the company recorded revenue of USD 23.903 billion and EBITDA of USD 1.1 billion. Post its rebranding, KPS plans to focus on sustainability, innovation, and new product development for Speira in the future. The company aims to an industry leader in sustainability by 2030.

Current Investors

KPS Capital Partners

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Primary Industry

Materials

Sub Industries

Steel & Metals

Website

www.speira.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on
Buyout

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Announced	Real Alloy's European Business	21 Feb 2022
Completed	Speira GmbH	05 Mar 2021

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