Hydro’s acquisition of Hueck completed

Dear Valued Business Partner,

We are pleased to inform you that Hydro’s acquisition of HUECK has been completed, on 28^th of February 2023.

This milestone demonstrates our commitment to the building industry in Europe by teaming up two well established organizations to create value and serve our European customers even better. We will further our sustainability strategy with recycled and circular solutions. We are deepening our digital approach to support the evolution of the building industry, and we are moving forward in developing new innovative products. Welcoming HUECK into our family allows us to accelerate our growth strategy and presence in Europe as well as leveraging activities outside Europe .

Concerning the Middle East region, Hueck Middle East Aluminium System LLC, in UAE is an independent partner authorized to use the HUECK trademark under an existing license agreement.

For the sake of clarification, Hueck Middle East Aluminium System LLC is however not part of the Hydro Group nor has it any relation to the operations of Hydro Building Systems Middle East. The same applies to Hueck Middle East Aluminium Systems LLC, MJ Metals Egypt LLC in Egypt, and Hueck Middle East Metal Manufacturing LLC, MJ Metals DMCC, MJ Building Materials Trading DMCC in UAE. Hueck Mak Max, in Egypt is not authorized by us to use the HUECK trademark.

Rest assured that our mission remains unchanged, we are fully committed helping you realising new opportunities in the building and construction market.

Thank you for your trust.

Best Regards.

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