DGAP-News: NORMA Group AG acquires Connectors Verbindungstechnik AG, a supplier to the pharmaceutical industry
(firmenpresse) - DGAP-News: NORMA Group AG / Key word(s): Acquisition/Mergers&Acquisitions
NORMA Group AG acquires Connectors Verbindungstechnik AG, a supplier
to the pharmaceutical industry
19.04.2012 / 13:02
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NORMA Group AG acquires Connectors Verbindungstechnik AG, a supplier to the
pharmaceutical industry
Maintal, Germany, 19 April 2012 - NORMA Group AG ('NORMA Group'), a global
market and technology leader for engineered joining technology, acquired
Connectors Verbindungstechnik AG ('Connectors') effective 19 April 2012.
The parties agreed to maintain confidentiality on the details of the
transaction.
Connectors, based in Tagelswangen, Switzerland, specialises on connector
systems for the pharmaceutical and biotechnology industry. For more than 25
years, the company has been manufacturing and distributing connector
elements that meet the highest purity standards for medical sterile
technology. The product range includes clamps, valves, tubes and joining
solutions for the transport of fluids and gases in medical applications. In
addition, Connectors also offers its customers consultancy and planning
services for pharmaceutical process plants. The company generated sales of
around EUR 14 million in the financial year 2011. It will be consolidated
as part of NORMA Group with immediate effect.
Werner Deggim, CEO of NORMA Group, says: 'With the acquisition of this
provider of specialised joining technology for medical engineering NORMA
Group will get better access to customers in the pharmaceutical and
biotechnology sectors. We will make use of the expertise of Connectors to
extend our product portfolio and will improve our global leadership in
joining technology even further.'
Additional information on the company is available on www.normagroup.com.
To download press pictures, please visit www.normagroup.com/press pictures.
Contact
NORMA Group AG
Daphne Recker
Media Relations
E-mail: daphne.recker(at)normagroup.com
Tel: +49 (0)6181 - 6102 743
About NORMA Group
NORMA Group is an international market and technology leader in engineered
joining technology. The company manufactures a wide range of innovative
engineered joining technology solutions in three product categories (clamp,
connect and fluid) and offers more than 35,000 high-quality products and
solutions to approximately 10,000 customers in 90 countries. NORMA Group
joining products can be found in vehicles, ships, trains, aircraft,
domestic appliances, engines and plumbing systems. NORMA Group generated
sales of around EUR 580 million in 2011. With around 4,400 employees, NORMA
Group operates a global network of 17 production facilities as well as
numerous sales and distribution sites across Europe, the Americas and
Asia-Pacific. NORMA Group has its headquarters in Maintal near Frankfurt am
Main, Germany. The company was formed in 2006 as a result of the merger
between the German Rasmussen Group and the Swedish ABA Group. NORMA Group
is listed on the German stock exchange since April 2011, and included in
the SDAX index since June 2011.
End of Corporate News
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19.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: NORMA Group AG
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 (0)6181-6102-741
Fax: +49 (0)6181-6102-7641
E-mail: ir(at)normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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165633 19.04.2012
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