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NORMA Group SE — M&A Activity 2012
Apr 19, 2012
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M&A Activity
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News Details
Corporate | 19 April 2012 13:02
NORMA Group AG acquires Connectors Verbindungstechnik AG, a supplier to the pharmaceutical industry
NORMA Group AG / Key word(s): Acquisition/Mergers & Acquisitions
19.04.2012 / 13:02
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: [email protected]
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
19.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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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: | [email protected] |
| 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 |