Norma Group

Norma Group SE (often written as NORMA) is a German manufacturer of machine joining components, such as hose couplings, clamps and quick connectors.[1][2] The company’s products are used in industries such as automotive, aviation, construction and shipping, and for purposes such as cooling, emission outputs, hoses, water pipes and sterile pharmaceuticals production.[3][4][5]

Picture of the company's headquarters in Maintal

The company is based in Maintal in Hesse, near Frankfurt, and is listed on the Frankfurt Stock Exchange.[6] As of November 2015, it is a member of the MDAX index of mid-cap companies. As of 2019, the company has about 8,900 employees.[7][8] It markets its products under a range of brand names, such as ABA, Breeze, Connectors, Serflex, Serratub, Terry and Torca as well as Norma.[9]

The company was founded as Rasmussen GmbH in 1949 by Ove Skafte Rasmussen, a son of Danish industrialist Jørgen Skafte Rasmussen.[10][11] It was family-owned until a 2006 management buyout and merger with ABA, a Swedish company, funded by the private equity company 3i.[11] It also took over Breeze Industrial Products, an American company, in 2007.[12][13] The company was publicly listed in 2011 under its present name, which it already used as a brand name.[14][11][15]

It purchased the Michigan-based company Craig Assembly in 2013, a specialist in injection-moulded components, and California-based company National Diversified Systems, which makes plastic water piping products, in 2014.[16][17][18][19][20] It also bought Malaysian company Chien Jin Plastic in 2014.[8]

The company has two production plants in China and one in Brazil, among other locations.[21][22][23]

References
  1. "Company facts". Norma. Retrieved 17 November 2015.
  2. "Products list". Norma Group.
  3. "Applications list". Norma. Retrieved 17 November 2015.
  4. "Norma Group bags large order for quick connectors from German supplier (press release)". Autocar Pro India. Retrieved 17 November 2015.
  5. "New NORMA Group connector offers added security for fuel and urea system assemblies (press release)". PR Newswire. Retrieved 17 November 2015.
  6. "MDAX constituents list". Frankfurt Stock Exchange. Retrieved 17 November 2015.
  7. ""Who We Are"". Norma Group. Retrieved 17 November 2015.
  8. "Norma Group buys all of Malaysia's Chien Jin Plastic". Plastics News. Retrieved 17 November 2015.
  9. "Brands list". Norma. Retrieved 17 November 2015.
  10. ""About us"". Norma Group. Retrieved 17 November 2015.
  11. "3i backs MBO of German industrial supplier Rasmussen GmbH". 3i Group. Retrieved 17 November 2015.
  12. "Bloomberg overview". Bloomberg.
  13. "NORMA Group Acquires Hose Clamp Manufacture Company (press release)" (PDF). Norma Group. Retrieved 17 November 2015.
  14. "3i-backed NORMA in € 669.0 million IPO". 3i. Retrieved 17 November 2015.
  15. Arnold, Martin. "3i plans €1bn sale of German groups". Financial Times. Pearson. Retrieved 17 November 2015.
  16. Kavanaugh, Catherine. "Germany's Norma Group buys National Diversified Sales Inc". Plastics News. Crain Communications. Retrieved 17 November 2015.
  17. "Craig Assembly profile". Bloomberg. Retrieved 17 November 2015.
  18. "SC to hold public hearing on tax breaks for Norma Corporation". The Voice. Retrieved 17 November 2015.
  19. Miel, Rhoda. "US acquisition helps German quick-connector firm go global". Plastics News. Crain Communications. Retrieved 17 November 2015.
  20. "BRIEF-Norma to buy National Diversified Sales for $285 mln". Reuters. Retrieved 17 November 2015.
  21. "Facilities list". Norma Group.
  22. Miel, Rhoda. "Germany's Norma Group setting up production in Brazil". Plastics News. Crain Communications. Retrieved 17 November 2015.
  23. Cremer, Andreas. "Norma Group CEO sees Brazil slowdown weighing on new plant". Reuters. Retrieved 17 November 2015.
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