on NORMA Group AG (isin : DE000A1H8BV3)
NORMA Group Secures Major US Contract for Custom-Made Clamps
NORMA Group, based in Maintal, Germany, has announced securing a significant contract with a global home appliance manufacturer in the US. This deal involves the annual supply of nearly three million dishwashers with custom TORRO clamps, starting in the fourth quarter of 2024. The contract aligns with NORMA Group's strategy to enhance its industry application business segment.
CEO Guido Grandi emphasized the importance of this contract as it exemplifies their approach to engage directly with manufacturers beyond traditional distribution channels. NORMA Group leverages its extensive development and production capabilities to offer tailored solutions globally.
The TORRO clamp, featuring robust tensile and clamping force, is a staple product of NORMA Group, produced at its Maintal headquarters for over 40 years. The new order has prompted adjustments in clamp design, integrating elements from both European and Anglo-American standards.
R. P.
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