DGAP-News: NORMA Group acquires Italian clamp manufacturer Nordic Metalblok
(firmenpresse) - DGAP-News: NORMA Group AG / Key word(s): Acquisition/Mergers&Acquisitions
NORMA Group acquires Italian clamp manufacturer Nordic Metalblok
12.07.2012 / 14:26
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NORMA Group acquires Italian clamp manufacturer Nordic Metalblok
Maintal, Germany, 12 July 2012 - NORMA Group AG ('NORMA Group'), a global
market and technology leader for engineered joining technology, has
acquired Nordic Metalblok S.r.l. ('Nordic Metalblok') effective 12 July
2012. The parties agreed to maintain confidentiality on the transaction
details.
Based in Riese Pio X near Treviso in Northern Italy, Nordic Metalblok has
been active in the market for over 40 years. The company is manufacturing
clamps for various applications particularly for the heating, ventilation
and air conditioning industry and the agricultural and construction
sectors. In addition, the company produces metal bands and the related
tools. Nordic Metalblok distributes its products to retailers and
wholesalers as well as to manufacturing companies globally. The company
generated overall sales of about EUR 6 million in fiscal year 2011. It will
be consolidated as part of NORMA Group with immediate effect. NORMA Group
has already been present in Italy since 2006 and is operating a
distribution centre in Gavardo.
Werner Deggim, CEO of NORMA Group, says: 'We are further expanding our
global footprint through the acquisition of Nordic Metalblok. The expertise
of Nordic Metalblok particularly in the heating, ventilation and air
conditioning technology and NORMA Group's product portfolio complement each
other perfectly. We will meet the requirements of our clients across Europe
even better.'
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 about 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 as well as in
applications for the pharmaceutical and biotechnology industry. NORMA Group
generated sales of around EUR 580 million in 2011. With around 4,500
employees, NORMA Group operates a global network of 18 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.
Since April 2011, NORMA Group is listed on the German stock exchange and
included in the SDAX index since June 2011.
End of Corporate News
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12.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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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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177677 12.07.2012
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Datum: 12.07.2012 - 14:26 Uhr
Sprache: Deutsch
News-ID 164720
Anzahl Zeichen: 5599
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Kategorie:
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