NORMA Group to acquire India's Kimplas Piping Systems

Germany's NORMA Group SE agreed to acquire Kimplas Piping Systems Ltd, a Nashik-based maker of fittings, valves and micro-irrigation equipment, for an undisclosed amount. The deal was agreed on April 6, 2018 and is expected to close by mid-2018.

“Germany's NORMA Group SE, which manufactures machine joining components, will acquire Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount.”vccircle.com

• 1 source
• vccircle.comGermany’s NORMA Group buys Nashik-based water management firmApr 12, 2018

Summarized from public sources; check the original articles before acting on it.