Advanced Drainage Systems to Acquire National Diversified Sales in a $1 Billion Deal
Reuters
Sep 23, 2025
Advanced Drainage Systems to Acquire National Diversified Sales in a $1 Billion Deal
Advanced Drainage Systems, Inc. (ADS) has announced its acquisition of the water management business of Norma Group SE, known as National Diversified Sales (NDS), in an all-cash transaction valued at approximately $1.0 billion. This move is expected to enhance ADS' capabilities in stormwater and onsite wastewater management by integrating NDS' strong brand and product portfolio in residential stormwater and irrigation with ADS' existing operations. The transaction, funded by cash on hand and existing credit line capacity, has been approved by the boards of both companies and is anticipated to close in the first quarter of 2026. ADS aims to drive enhanced profitability and significant synergies through this strategic acquisition.
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