Germany’s Norma Sells Water Management Business in $1 Billion Deal to US Company
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NORMA Group sells water management business to ADS - Water Magazine
NORMA Group announced yesterday it had signed an agreement to sell its water management business unit to Advanced Drainage Systems, Inc. (ADS), in an all-cash transaction valued at approximately $1.0 billion (USD). The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of 2026. The water management business unit consists of several subsidiaries with a total of six plants in the USA, Mexico, Ind…
Germany’s Norma Sells Water Management Business in $1 Billion Deal to US Company
German retail giant Norma has agreed to sell its water management business to a US-based company for $1 billion, marking a significant shift in its strategic focus. The deal, announced earlier this week, underscores growing consolidation in the global water management sector as companies realign their portfolios amid evolving market demands. The transaction, covered extensively [...]
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