NORMA GROUP SE

    NORMA GROUP SE

    XXETR:NOEA
    0.70
    EUR
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    - -
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    NORMA Group SE is an international manufacturer and distributor of engineered and standardized joining technology and fluid-handling systems. Headquartered in Maintal, Germany, the company was formed in 2006 through the merger of Rasmussen GmbH, founded in 1949, and Swedish ABA Group, founded in 1896, and trades on the Frankfurt Stock Exchange under the ticker NOEA. NORMA Group operates primarily through two core strategic business units: Industry Applications and Mobility and New Energy. The company manufactures and markets a portfolio of engineered joining technologies, standardized connecting solutions, and fluid conveyance systems under global and regional brands including NORMA, ABA, Breeze, Serflex, Terry, and Clamp-All. Core product lines include: clamp products; comprising worm-drive hose clamps such as the TORRO series, heavy-duty clamps, profile clamps, retaining clamps, exhaust clamps, and pipe clips; connecting products; including push-in quick connectors, pipe couplings, compression fittings, and plastic connectors; and fluid handling systems; consisting of thermal management lines, battery cooling conduits, selective catalytic reduction urea lines, fuel transport lines, air induction systems, and flexible corrugated plastic tubes. The company serves approximately 10,000 customers across more than 100 countries through a global network of production and distribution sites spanning Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region, supplying original equipment manufacturers, Tier 1 suppliers, and commercial distributors in the automotive, commercial vehicle, electromobility, aviation, marine, agricultural equipment, construction machinery, HVAC, household appliance, and general industrial sectors. In recent developments, NORMA Group completed the divestment of its Water Management business unit to Advanced Drainage Systems, Inc. for an enterprise value of 1.0 billion US dollars, allowing the organization to sharpen its strategic focus as a dedicated industrial supplier of joining and fluid technology. Following the transaction, the company reallocated net proceeds toward debt reduction, capital returns to shareholders, and targeted reinvestments in its core business. Concurrently, NORMA Group is advancing its multi-year Step Up and NewNORMA transformation programs, which focus on optimizing its global manufacturing footprint, reducing structural costs, enhancing operational efficiency, and expanding its specialized portfolio of thermal management and joining components for battery electric and hybrid vehicle platforms.