Hydro acquires Hueck
Hueck is a family owned business and provider of aluminium systems and extruded aluminium profiles, with headquarters in Lüdenscheid Germany. It has 500 employees, two extrusion presses and an integrated cast house operation. Hueck is divided into two businesses: Hueck Extrusion and Hueck Systems.
The acquisition will reinforce Hydro Extrusions’ position in Europe and complement its footprint. It will strengthen Hydro Building Systems with its brand in Germany and other European markets, furthering its ability to provide a quality service offering to its customers with an even broader product range and innovative product offering.
Hueck Systems is mainly active in Germany, the largest segment of the European market for building systems, and has a 60 years track record of German engineering. It is specialized in creating solutions for windows, doors and facades for the building and construction industry, and has a distribution platform in its main location Lüdenscheid. Besides Germany, Hueck is active in Austria, Switzerland, Denmark, The Netherlands, Czech Republic and UK, but also in other markets through well established partnerships.
Hydro Building Systems provides innovative sustainable aluminium solutions for windows, doors and facades, Sets industry leading standards by working towards a full circular economy. Our WICONA brand are developing and distributing advanced aluminium building systems for all types of buildings. With 3200 talents, Hydro Building Systems strive to add lasting value and develop a sustainable approach with new solutions, which contain at least 75 percent recycled and 95 percent recyclable material – reducing the material impact on a building’s lifecycle.
“Together, Hueck and Hydro Building Systems brand as One Company, will focus on sustainability, local presence and technical expertise. With the acquisition of Hueck, our mission remains unchanged, we are fully committed to helping our customers realize new opportunities in the building and construction market. By having the best talents and a tenacious focus on their business and the quality of products we deliver, we will be the partner that our customers need to reach their goals,” says Senior Vice President Henri Gomez, who heads Hydro Building Systems.
Completion of the transaction is subject to approval from competition authorities in Germany and Austria and is expected by end of first quarter of 2023.
Caroline Jonson
Communication Manager
076 113 97 98
caroline.jonson@hydro.com
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Over the last few decades the brand name of WICONA has developed into a synonym for aluminium profile systems that meet the highest standards. The high technological standards, rigorous system considerations and quality processing of the products, as well as comprehensive services and consultation, all make a significant contribution to the success of the brand. WICONA belongs to the Norwegian company Hydro, a fully integrated aluminium company with 35,000 employees in 40 countries on all continents, combining local expertise, worldwide reach and unmatched capabilities in R&D.
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