Elkem, Hydro and Altor complete transaction to further develop Vianode as a leading supplier of sustainable battery materials
Oslo, 14 September 2022 Vianode recently announced a transaction where Hydro and Altor Equity Partners each will acquire 30% ownership in Vianode, while Elkem will retain the remaining 40% ownership. The transaction is now approved by competition authorities, providing Vianode with significant backing to accelerate the industrialisation of advanced battery materials with a green footprint in Europe. The closing of the transaction represents an important milestone to accelerate the growth of Vianode as a company. Through the transaction, the partners will contribute to financing a