Germany’s NORMA Group Buys Nashik-based Water Management Firm

Germany’s NORMA Group SE, which manufactures machine joining components, will acquire Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount. Kimplas manufactures electrofusion and compression fittings valves and proprietary equipment for the micro-irrigation industry. The deal is expected to close by the middle of this year. Kimplas' customers in India and abroad include water supply boards, gas distribution companies, micro-irrigation companies, and building and construction firms.

NORMA Group started its India operations in 2008 with a plant focused on fluid handling and joining technology used in the automotive industry. NORMA has previously acquired businesses in the water management industry in Malaysia, Australia and the US.