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5.5x money multiple
Norma image
NORMA Group NEW LHS

From a German family-run business for clamps to a global market and technology leader for engineered joining technology

Germany Flag New
Investment date

2005 - 2011

Good to great

5.5x

money multiple
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Merged with ABA (Sweden) in 2006 and acquired US-based businesses, Breeze and R.G. RAY

80%

increased share of international sales
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Expanded the business in Asia by setting up new WOFE in China

Professionalisation of the organisation

2x

EBITDA margin
3I Revenue Regeration

Supported a successful €669m IPO on the Frankfurt Stock Exchange in April 2011

Key events under our ownership

Delivered four transformational M&A transactions and a continuous series of smaller acquisitions
Increased its capabilities in product development and strengthened its presence in developing markets with new plants in India, China, Thailand, Mexico, Russia and Serbia
Delivered c.€40m of additional EBITDA as a result of operational improvements
Through our international network of contacts, introduced a new CEO, CFO and COO with relevant industry background to the company
Further diversified into agricultural, construction and plumbing applications