# NORMA Group sells Water Management business to ADS for $1 billion

NORMA Group has signed an agreement to sell its Water Management business unit to Advanced Drainage Systems (ADS) for an enterprise value of $1.0 billion. The transaction is expected to close in Q1 2026.

- Type: Acquisition
- Announced: 2025-09-23
- Where: United States
- Value: $1.00B
- Status: announced
- Products: irrigation systems, rainwater management products, connection components for water infrastructure
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [NORMA Group](https://endata.com/companies/3147.md) (partner)
- [NORMA Group](https://endata.com/companies/3147.md) (target)
- [Advanced Drainage Systems](https://endata.com/companies/31647.md) (acquirer)
- [National Diversified Sales](https://endata.com/companies/87260.md) (target)

## Sources

- [normagroup.com](https://www.normagroup.com/global/en/news/press-releases/2025/norma-group-sells-water-management-business-to-ads), 2025-09-23: "The agreement represents a significant milestone in NORMA Group's transformation into a focused industrial supplier."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1604028/000119312525212097/d920204dex991.htm), 2025-09-23: "ADS continues to evolve from a pipe manufacturing company to an enterprise providing a wide range of stormwater and onsite wastewater solutions, with leading manufacturing, logistics and design services."
- [nasdaq.com](https://www.nasdaq.com/press-release/advanced-drainage-systems-announces-acquisition-national-diversified-sales-subsidiary), 2025-09-23: "The acquisition of NDS marks another important milestone in ADS' journey as it accelerates our strategy to diversify and increase"
- [watermagazine.co.uk](https://www.watermagazine.co.uk/2025/09/24/norma-group-sells-water-management-business-to-ads/), 2025-09-24: "NORMA Group announced yesterday it had signed an agreement to sell its water management business unit to Advanced Drainage Systems, Inc. (ADS), in an all-cash transaction valued at approximately $1.0 billion (USD)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.