NORMA
- Sector Industrial
- Year invested 2005
- Location Germany
- Status Realised
NORMA Group a global market and technology leader in the attractive niche market of engineered joining technology.
Visit normagroup.com/corp/
Overview
We formed NORMA Group by investing in Rasmussen, a leading supplier for joining technology, and merging it with ABA.
Over a five year period, NORMA evolved from a successful family business into an undisputed international leading manufacturer of clamping and connecting technology through accelerated organic growth, strategic acquisitions and margin expansion. Revenue doubled between 2005 and 2010, representing a 15% CAGR, and sales outside Germany increased by 80% over this period, from 41% to 74%.
How we added value
- 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
- In April 2011, NORMA successfully floated on the Frankfurt Stock Exchange
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.