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Hydro increases stake in advanced battery materials firm Vianode

  • Admin
  • Sep 11, 2024
  • 6 min read

Norsk Hydro ASA acquires 20% stake in Vianode, an advanced battery materials company based in Oslo. Altor and Hydro now hold equal 50% shares in Vianode after Elkem's exit. Hydro incurs no additional costs for the acquisition. Vianode operates a pilot plant in Kristiansand and will complete an industrial-scale plant in Heroya Industripark by 2024.


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