NORMA Group SE — Regulatory Filings 2012

Jun 26, 2012

News Details

Media | 26 June 2012 09:38

NORMA Group invests in new plant in India

NORMA Group AG / Key word(s): Enterprise/

26.06.2012 / 09:38

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NORMA Group invests in new plant in India

Maintal, Germany, 26 June 2012 – NORMA Group AG ('NORMA Group'), a global market and technology leader in engineered joining technology, is building a new production facility in Talegaon near Pune, India. In India, the company is represented since 2009. With the new plant, NORMA Group is enhancing its production capacity to keep pace with the increased demand of the Indian market for connectors and joining elements. Production is expected to start in August 2012.

Due to tighter emission standards for the automotive industry and other sectors, the demand for NORMA Group's engineered joining technology is growing consistently. These standards also apply increasingly to the Indian market, which offers considerable growth potential. The new 4,500 m² plant will increase NORMA Group's production capacity fivefold.

As part of its growth strategy for the Indian market, the company is also expanding its distribution network. As yet, wholesalers, suppliers of spare parts to OEMs and hardware stores in eight states have had access to NORMA Group's products. Since December 2011, NORMA Group has being consistently adding to its local distribution team in order to meet client demand from further states going forward. With more than 30 distributors, the major industrial regions are already covered today.

'India's dynamic market offers us huge growth opportunities we want to exploit consistently with the new plant in order to further strengthen our market position. Our stronger local presence brings us closer to our clients in India and gives us the opportunity to serve them according to their individual needs,' says Werner Deggim, CEO of NORMA Group.

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

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 as well as in medical engineering. 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.NORMA Group is listed on the German stock exchange since April 2011, and included in the SDAX index since June 2011.

End of Media Release

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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-Media

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