NORMA Group
NORMA Group is a company that is part of the pulse of the water sector. Here we bring together everything it publishes on Smart Water Magazine: its news, its blogs and the events it takes part in.
NORMA Group to sell water management business to ADS for US$1 billion
NORMA Group signed an agreement to sell its Water Management business unit to Advanced Drainage Systems, Inc. (“ADS”). The enterprise value of the transaction is USD 1.0 billion. The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of 2026. CEO Mark Wilhelms: “The agreement represents a significant milestone […]
Difficult market environment impacts NORMA Group in first quarter of 2025
Sales in the first quarter of 2025 with a year-on-year decrease of 7.9 percent to EUR 284.2 million. Adjusted operating profit (EBIT) at EUR 10.3 million; adjusted EBIT margin at 3.6 percent.
NORMA Group initiates divestment process for Water Management business
NORMA Group intends to focus even more strongly on its core business as a market leader for joining technology. The Management Board decided to initiate a divestment process for the global business activities of the strategic business unit Water Management. This step is the result of an in-depth review by the Management Board regarding the […]
Expansion of water business in Europe: NORMA Group acquires Italian company Teco
Maintal, Germany/Trani, Italia, December 21, 2023 – Today, NORMA Group signed an agreement to acquire Italian irrigation products provider Teco Srl (“Teco”). Teco specializes in irrigation products for gardening, landscaping and agriculture. The acquisition is scheduled to be completed in early 2024. The parties have agreed to maintain confidentiality regarding the purchase price. “The acquisition is […]
NORMA Group grows in second quarter of 2022
Sales up 12.9 percent over prior-year quarter to EUR 317.9 million Growth mainly due to currency effects as well as positive cost pass-through effects Strong business with water management products in America and Asia-Pacific Increasing material prices negatively impact earnings and margin Operating profit at EUR 22.3 million, EBIT margin at 7.0 percent Measures for improvement initiated with focus on Europe
NORMA Group establishes sales cooperation with Thai water management company
NORMA Group has launched a sales partnership with Kanok, a Thai company specializing in agricultural irrigation systems. Kanok has been supplying customers in Thailand with compression fittings for agricultural applications on behalf of NORMA Group since March 2022. The cooperation strengthens NORMA Group’s water management business in the Asia-Pacific region. Dr. Michael Schneider, CEO of […]
NORMA Group develops digital water timer
NORMA Group has developed a new digital water timer. The Raindrip brand digital water timer helps automatic irrigation systems save water when used instead of manual watering. Especially in combination with a drip irrigation system, it can save up to 70 percent of water consumption compared to conventional irrigation systems. “Water is the most valuable […]
NORMA Group launches compression fitting for drinking water application
NORMA Group has developed a new compression fitting for the European market for use in drinking water applications. The NORMA MARLIN PN16 compression fitting (NORMA MARLIN) meets the strict requirements of EU member states for drinking water applications and can therefore be used in numerous areas, including drinking water installations, irrigation and sanitary systems as […]
NORMA Group continues growth course in second quarter of 2021
Strong water business and resurgent automotive business lead to significant growth Sales up 47.1 percent to EUR 281.7 million Adjusted EBIT margin at 12.8 percent Strong net operating cash flow of EUR 36.8 million Full-year forecast confirmed