Norma Group
{{Infobox company
| traded_as = SDAX
}}
File:Firmensitz der NORMA Group in Maintal.jpg
Norma Group SE (often written as NORMA) is a German manufacturer of machine joining components, such as hose couplings, clamps and quick connectors.{{cite web|title=Company facts|url=http://www.normagroup.com/norma.nsf/id/PR-Company-Facts_EN|publisher=Norma|accessdate=17 November 2015}}{{cite web|title=Products list|url=http://www.normagroup.com/norma.nsf/id/Products_EN|publisher=Norma Group}} 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.{{cite web|title=Applications list|url=http://www.normagroup.com/norma.nsf/id/Cooling-System_EN?open|publisher=Norma|accessdate=17 November 2015}}{{cite web|title=Norma Group bags large order for quick connectors from German supplier (press release)|url=http://www.autocarpro.in/news-international/norma-bags-quick-connectors-german-supplier-7458|website=Autocar Pro India|accessdate=17 November 2015}}{{cite web|title=New NORMA Group connector offers added security for fuel and urea system assemblies (press release)|url=http://www.prnewswire.com/news-releases/new-norma-group-connector-offers-added-security-for-fuel-and-urea-system-assemblies-300148018.html|publisher=PR Newswire|accessdate=17 November 2015}}
The company is based in Maintal in Hesse, near Frankfurt, and is listed on the Frankfurt Stock Exchange ({{FWB|NOEJ}}).{{cite web|title=MDAX constituents list|url=http://www.boerse-frankfurt.de/en/equities/indices/mdax+DE0008467416/constituents|publisher=Frankfurt Stock Exchange|accessdate=17 November 2015}} As of November 2015, it is a member of the SDAX index of small-cap companies. As of 2019, the company has about 8,900 employees.{{cite web|title="Who We Are"|url=https://www.normagroup.com/corp/en/who-we-are/|publisher=Norma Group|accessdate=17 November 2015}}{{cite web|title=Norma Group buys all of Malaysia's Chien Jin Plastic|url=http://www.plasticsnews.com/article/20140211/NEWS/140219982/norma-group-buys-all-of-malaysias-chien-jin-plastic|website=Plastics News|accessdate=17 November 2015}} It markets its products under a range of brand names, such as ABA, Breeze, Connectors, Serflex, Serratub, Terry and Torca as well as Norma.{{cite web |title=Brands list |url=http://www.normagroup.com/norma.nsf/id/Brands_EN |archive-url=https://web.archive.org/web/20150313201702/http://www.normagroup.com/norma.nsf/id/Brands_EN |archive-date=2015-03-13 |accessdate=17 November 2015 |publisher=Norma}}
The company was founded as Rasmussen GmbH in 1949 by Ove Skafte Rasmussen, a son of Danish industrialist Jørgen Skafte Rasmussen.{{cite web|title="About us"|url=http://www.normagroup.com/AboutUs|publisher=Norma Group|accessdate=17 November 2015}}{{cite web|title=3i backs MBO of German industrial supplier Rasmussen GmbH|url=http://www.3i.com/news/corporate-news/3i-backs-mbo-german-industrial-supplier-rasmussen-gmbh|publisher=3i|accessdate=17 November 2015}} It was family-owned until a 2006 management buyout and merger with ABA, a Swedish company, funded by the private equity company 3i. It also took over Breeze Industrial Products, an American company, in 2007.{{cite web|title=Bloomberg overview|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=5633003|publisher=Bloomberg}}{{cite web|title=NORMA Group Acquires Hose Clamp Manufacture Company (press release)|url=http://www.normagroup.pl/norma.nsf/res/Press%20release%20Breeze%20Acquisition.pdf/$file/Press%20release%20Breeze%20Acquisition.pdf|publisher=Norma Group|accessdate=17 November 2015}} The company was publicly listed in 2011 under its present name, which it already used as a brand name.{{cite web |title=3i-backed NORMA in € 669.0 million IPO |url=http://www.3i.com/news/corporate-news/3i-backed-norma-%E2%82%AC-6690-million-ipo |archive-url=https://web.archive.org/web/20140722012019/http://www.3i.com/news/corporate-news/3i-backed-norma-%E2%82%AC-6690-million-ipo |archive-date=2014-07-22 |accessdate=17 November 2015 |publisher=3i}}{{cite web|last1=Arnold|first1=Martin|title=3i plans €1bn sale of German groups|url=http://www.ft.com/cms/s/0/3b02fdf4-a0c6-11df-badd-00144feabdc0.html#axzz3rj9b4KEU|website=Financial Times|publisher=Pearson|accessdate=17 November 2015}}
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.{{cite web|last1=Kavanaugh|first1=Catherine|title=Germany's Norma Group buys National Diversified Sales Inc|url=http://www.plasticsnews.com/article/20141008/NEWS/141009911/germanys-norma-group-buys-national-diversified-sales-inc|website=Plastics News|publisher=Crain Communications|accessdate=17 November 2015}}{{cite web|title=Craig Assembly profile|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=106348270|publisher=Bloomberg|accessdate=17 November 2015}}{{cite web|title=SC to hold public hearing on tax breaks for Norma Corporation|url=http://www.voicenews.com/articles/2013/06/07/news/doc51b242564c3e3216179587.txt?viewmode=fullstory|website=The Voice|accessdate=17 November 2015}}{{cite web|last1=Miel|first1=Rhoda|title=US acquisition helps German quick-connector firm go global|url=http://www.plasticsnews.com/article/20130703/NEWS/130709952/us-acquisition-helps-german-quick-connector-firm-go-global|website=Plastics News|publisher=Crain Communications|accessdate=17 November 2015}}{{cite web|title=BRIEF-Norma to buy National Diversified Sales for $285 mln|url=https://www.reuters.com/article/normagroupse-brief-idUSFWN0S204D20141008#ebDpK7vTFf0ylLjl.97|publisher=Reuters|accessdate=17 November 2015}} It also bought Malaysian company Chien Jin Plastic in 2014.
The company has two production plants in China and one in Brazil, among other locations.{{cite web|title=Facilities list|url=http://www.normagroup.com/norma.nsf/id/About-Worldwide_EN|publisher=Norma Group}}{{cite web|last1=Miel|first1=Rhoda|title=Germany’s Norma Group setting up production in Brazil|url=http://www.plasticsnews.com/article/20130920/NEWS/130929994/germany-s-norma-group-setting-up-production-in-brazil|website=Plastics News|publisher=Crain Communications|accessdate=17 November 2015}}{{cite web|last1=Cremer|first1=Andreas|title=Norma Group CEO sees Brazil slowdown weighing on new plant|url=https://www.reuters.com/article/norma-brazil-idUSL5N10I22N20150807#x7C2afETVRQ0ajrg.97|publisher=Reuters|accessdate=17 November 2015}}
References
{{Reflist}}
External links
- {{official website|http://www.normagroup.com}}
- [https://www.bloomberg.com/quote/NOEJ:GR Norma Group company profile] at Bloomberg
{{SDAX companies}}
{{Authority control}}
Category:Companies based in Hesse
Category:Manufacturing companies established in 1949