NORMA Group SE Announces Sale of Water Management Business Unit to Advanced Drainage Systems, Inc

Reuters
2025/09/23
NORMA Group SE Announces Sale of Water Management Business Unit to <a href="https://laohu8.com/S/WMS">Advanced Drainage</a> Systems, Inc

NORMA Group SE has announced the signing of an agreement to sell its Water Management business unit to Advanced Drainage Systems, Inc. The transaction will involve the transfer of subsidiaries in the Americas, Asia-Pacific, and Europe to the buyer. In 2024, the Water Management business generated net sales of around USD 320 million and an adjusted EBITDA of approximately USD 78 million. The strategic unit has been valued at an enterprise value of USD 1 billion. NORMA Group anticipates a net cash inflow of around EUR 620 million to EUR 640 million from the sale, after taxes and transaction costs. The Management Board plans to use approximately EUR 300 million of the proceeds to repay debt and is considering allocating up to EUR 70 million for potential acquisitions in its Industry Applications business unit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norma Group SE published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: adhoc_2201938_en), on September 23, 2025, and is solely responsible for the information contained therein.

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