Acquisition History / Advanced Drainage Systems, Inc. / NORMA Group water management business
Advanced Drainage Systems, Inc. Acquires NORMA Group water management business
Announced September 23, 2025 — $1B
What happened
ADS agreed in September 2025 to acquire the subsidiaries of Germany's NORMA Group SE that comprise substantially all of its water management business. The all-cash transaction, valued at approximately $1.0B subject to adjustments, closed February 2, 2026.
- Acquirer
- Advanced Drainage Systems, Inc.
- Target
- NORMA Group water management business
- Announced
- September 23, 2025
- Price
- $1B
- Industry
- Water management products
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Advanced Drainage Systems, Inc. acquire NORMA Group water management business?
Advanced Drainage Systems, Inc. acquired NORMA Group water management business on September 23, 2025. This was Advanced Drainage Systems, Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Advanced Drainage Systems, Inc. pay for NORMA Group water management business?
Advanced Drainage Systems, Inc. paid $1B for NORMA Group water management business.
What does NORMA Group water management business do?
ADS agreed in September 2025 to acquire the subsidiaries of Germany's NORMA Group SE that comprise substantially all of its water management business. The all-cash transaction, valued at approximately $1.0B subject to adjustments, closed February 2, 2026.
What other Water management products companies has Advanced Drainage Systems, Inc. acquired?
NORMA Group water management business is Advanced Drainage Systems, Inc.'s only publicly tracked acquisition in Water management products so far.