PRESS RELEASE
from NORMA Group AG (isin : DE000A1H8BV3)
NORMA Group wins major contract from home appliance manufacturer in the US
EQS-News: NORMA Group SE / Key word(s): Miscellaneous
NORMA Group wins major contract from home appliance manufacturer in the US
10.12.2024 / 11:18 CET/CEST
The issuer is solely responsible for the content of this announcement.
NORMA Group wins major contract from home appliance manufacturer in the US
Maintal, Germany, December 10, 2024 – NORMA Group has won a major order from an industrial customer to supply almost three million dishwashers with custom-made metal TORRO clamps annually starting in the fourth quarter of 2024. The customer is a leading global manufacturer of home appliances. NORMA Group is currently expanding its business with industry applications and aims to generate a larger share of sales in this area in the medium term.
CEO Guido Grandi: “This order is a good example of our strategy to build up additional business directly with manufacturers of machines and appliances from various industries in addition to our established sales channel via distributors. With our development capacities and our global production network, we can deliver customized solutions for our customers worldwide.”
The TORRO worm drive clamp has been manufactured at NORMA Group's headquarters in Maintal for more than four decades. The clamp is characterized by a high belt tensile force and an even distribution of the clamping force. A new combination of the clamp band developed and manufactured in Europe and a screw based on the Anglo-American dimensional system was designed for the order.
NORMA Group has been increasingly aligning itself with global strategic business units since 2023. This opens up additional market opportunities, for example with solutions for industry applications.
Additional information on the company is available at www.normagroup.com. More press photos are available from our platform on www.normagroup.com/images.
Contact
NORMA Group SE
Lina Bosbach
Director Group Communications
Email: Lina.Bosbach@normagroup.com
Phone: +49 (0)6181 – 6102 7606
Jennifer Oborny
Group Communications Manager
Email: Jennifer.Oborny@normagroup.com
Phone: +49 (0)6181 – 6102 7604
Kim Bösken
Junior Group Communications Manager
Email: Kim.Boesken@normagroup.com
Phone: +49 (0)1522 482 9418
About NORMA Group
NORMA Group is an international market leader in engineered and standardized joining and fluid-handling technology. With around 7,700 employees, NORMA Group supplies customers in over 100 countries with more than 40,000 product solutions. NORMA Group supports its customers and business partners in responding to global challenges such as climate change and the increasing scarcity of resources. NORMA Group’s products help reduce emissions harmful to the climate and use water more efficiently. Its innovative joining solutions are used in water supply, irrigation and drainage systems, vehicles with conventional and alternative drive systems, ships and aircraft, as well as buildings. NORMA Group generated sales of around EUR 1.2 billion in 2023. The company has a global network of 25 production sites and numerous sales offices in Europe, North, Central and South America and the Asia-Pacific region. Its headquarters are located in Maintal near Frankfurt/Main. NORMA Group SE is listed on the Frankfurt Stock Exchange in the regulated market (Prime Standard) and is a member of the SDAX.
Maintal, Germany, December 10, 2024 – NORMA Group has won a major order from an industrial customer to supply almost three million dishwashers with custom-made metal TORRO clamps annually starting in the fourth quarter of 2024. The customer is a leading global manufacturer of home appliances. NORMA Group is currently expanding its business with industry applications and aims to generate a larger share of sales in this area in the medium term.
CEO Guido Grandi: “This order is a good example of our strategy to build up additional business directly with manufacturers of machines and appliances from various industries in addition to our established sales channel via distributors. With our development capacities and our global production network, we can deliver customized solutions for our customers worldwide.”
The TORRO worm drive clamp has been manufactured at NORMA Group's headquarters in Maintal for more than four decades. The clamp is characterized by a high belt tensile force and an even distribution of the clamping force. A new combination of the clamp band developed and manufactured in Europe and a screw based on the Anglo-American dimensional system was designed for the order.
NORMA Group has been increasingly aligning itself with global strategic business units since 2023. This opens up additional market opportunities, for example with solutions for industry applications.
Additional information on the company is available at www.normagroup.com. More press photos are available from our platform on www.normagroup.com/images.
Contact
NORMA Group SE
Lina Bosbach
Director Group Communications
Email: Lina.Bosbach@normagroup.com
Phone: +49 (0)6181 – 6102 7606
Jennifer Oborny
Group Communications Manager
Email: Jennifer.Oborny@normagroup.com
Phone: +49 (0)6181 – 6102 7604
Kim Bösken
Junior Group Communications Manager
Email: Kim.Boesken@normagroup.com
Phone: +49 (0)1522 482 9418
About NORMA Group
NORMA Group is an international market leader in engineered and standardized joining and fluid-handling technology. With around 7,700 employees, NORMA Group supplies customers in over 100 countries with more than 40,000 product solutions. NORMA Group supports its customers and business partners in responding to global challenges such as climate change and the increasing scarcity of resources. NORMA Group’s products help reduce emissions harmful to the climate and use water more efficiently. Its innovative joining solutions are used in water supply, irrigation and drainage systems, vehicles with conventional and alternative drive systems, ships and aircraft, as well as buildings. NORMA Group generated sales of around EUR 1.2 billion in 2023. The company has a global network of 25 production sites and numerous sales offices in Europe, North, Central and South America and the Asia-Pacific region. Its headquarters are located in Maintal near Frankfurt/Main. NORMA Group SE is listed on the Frankfurt Stock Exchange in the regulated market (Prime Standard) and is a member of the SDAX.
10.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | NORMA Group SE |
| Edisonstr. 4 | |
| 63477 Maintal | |
| Germany | |
| Phone: | +49 6181 6102 741 |
| Fax: | +49 6181 6102 7641 |
| E-mail: | ir@normagroup.com |
| Internet: | www.normagroup.com |
| ISIN: | DE000A1H8BV3 |
| WKN: | A1H8BV |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2048097 |
| End of News | EQS News Service |
2048097 10.12.2024 CET/CEST