NORMA Group SE to Divest Global Water Management Activities

NORMA Group SE's Management Board has initiated a process to divest its global Water Management activities. This strategic move follows an analysis and exploration of alternatives to align the Group’s business focus. The primary goal is to concentrate on the core industrial activities, leveraging synergies within these segments.

The divestment aims to free up resources, allowing NORMA Group to enhance its market position in Industry Applications. It will also bolster the company's Mobility & New Energy unit. The final outcome of the divestment is currently uncertain, subject to external influences.

This strategic decision underscores the Group’s commitment to refining its operational focus and strengthening key business areas.