NORMA Group a global market and technology leader in the attractive niche market of engineered joining technology. During our ownership it evolved from a successful family business into an undisputed international leading manufacturer of clamping and connecting technology.
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 transformed in to a global market leader 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%.
“3i is proud to have contributed to the success of NORMA which has grown from a regional German player to an undisputed international leader.” Ulf von Haacke, Managing Director, 3i Germany
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.