NORMA Group SE — M&A Activity 2013

Jun 20, 2013

News Details

Corporate | 20 June 2013 08:59

NORMA Group acquires Guyco in Australia

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

20.06.2013 / 08:59

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NORMA Group acquires Guyco in Australia

Maintal, Germany, 20 June, 2013 – NORMA Group, an international market and technology leader for engineered joining technology, signed an agreement on 20 June, 2013 to acquire 100% of the shares in the Australian business Guyco Pty Limited (‘Guyco’). The parties agreed to maintain confidentiality on the transaction details. Closing of the transaction is expected to take place in July 2013.

Guyco, headquartered in Adelaide, commenced business in 1994 as a distributor to the agricultural market. Today the company specialises in the design, manufacture and distribution of fittings and valves for freshwater distribution, irrigation, agricultural, plumbing and industrial market sectors. Guyco supplies over 700 customers in Australia and New Zealand through its warehouses in South Australia, Western Australia and Queensland. It employs 32 employees and generated sales of around EUR 7 million in 2012.

‘We are pleased with the acquisition of Guyco,’ says Werner Deggim, CEO of NORMA Group. ‘The service range of Guyco ideally complements our recent acquisitions of Chien Jin Plastic, a Malaysian manufacturer of pipe compression fittings and components for the irrigation, agriculture and water distribution markets, and Davydick, an Australian distributor of rural irrigation fittings, valves, and pumps for the agricultural, hardware and plumbing markets.’ It is a valuable enhancement to the company’s product portfolio and strengthens NORMA Group’s presence in the Asia-Pacific region.

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@normagroup.com

Phone: +49 (0)6181 – 610 2743

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 30,000 high-quality products and solutions to around 10,000 customers in 100 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 605 million in 2012. With around 4,500 employees, NORMA Group operates a global network of 19 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 MDAX index since March 2013.

End of Corporate News

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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:	MDAX
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News	DGAP News-Service

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