“To further expand its market position in the water management business, NORMA Group signed an agreement to acquire Kimplas Piping Systems Ltd. (“Kimplas”) on April 6, 2018. Kimplas is a leading Indian manufacturer of joining technology made of thermoplastic materials. The parties agreed on NORMA Group purchasing 100 percent of the shares in Kimplas and that they would maintain confidentiality with respect to the other transaction details,” reported Businessinsider.

AZB & Partners advised Norma Group SE led by a team of partner Srinath Dasari and lawyers Malaveeka Chakravarthy and Aparajita Lath.

2018-04-12

Deal value: Not disclosed

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