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RNS - NORMA Group acquires Italian clamp manufacturer Nordic Metalblok

Company: NORMA Group SE Date: 2012-07-12 Language: English Register to download

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 News Details

Corporate | 12 July 2012 14:26

#   

NORMA Group acquires Italian clamp manufacturer Nordic Metalblok

  

NORMA Group AG / Key word(s): Acquisition/Mergers & Acquisitions  

  

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](http://www.normagroup.com/) . To download press pictures, please visit [www.normagroup.com/press pictures](http://www.normagroup.com/kunden/norma/ttw.nsf/id/EN_Press_pictures__Download) .

**Contact**

NORMA Group AG  

Daphne Recker  

Media Relations  

E-mail: daphne.recker@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 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@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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| --- |
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| 177677  12.07.2012 |