Announcement

Dear Business Associate,

Greetings from TECHNAL® and we hope this finds you in the best of health!

As you may have taken note on December 17, 2021, Hydro Extrusions, a part of the Hydro group has signed an agreement to sell its general extrusion facility operated out of Kuppam, India to Hindalco Industries Limited. Closing of which, is expected during the first quarter of 2022. This is to confirm that TECHNAL® and our other building system brands under Sapa Extrusions India Pvt Ltd are not included in this transaction. This sale does not affect our operations in India.

We at TECHNAL® in India, remain committed to our growth plan by serving the architecture, building and construction markets through constantly innovating our product offering tailored to the requirements of the Indian market. Despite the pandemic situation, we have invested in growing our team and doubling our warehouse capacity to serve you better. Moreover, we have increased our presence through investing in our new flagship showroom in Bengaluru in addition to our dedicated partner showrooms across the length and breadth of India.

We remain committed to have a strong footprint and close cooperation with our customers in India. Our long-term strategy for India is focused on sustainable growth, exceptional customer service and offering value added services to architects, specifiers, metal builders, contractors, developers and homeowners. With your continuous support and our teams’ dedication, we look forward to continuing our growth story in India.

You can read more about this business transfer agreement here.

We thank you for continued support for TECHNAL® in India and should you have any queries please do not hesitate to reach our regional leader for India, Mr V. Gurumoorthy, General Manager, Sapa Extrusions India Pvt Ltd on v.gurumoorthy@hydro.com

Click below to check the official statement from our leadership team in India.