NORMA Group has successfully closed the acquisition of supplier Statek Stanzereitechnik GmbH following approval by the antitrust authorities. NORMA Group expects the acquisition to make an additional contribution to sales growth of around €2.5 million for fiscal year 2018. The acquisition was financed exclusively through existing long-term bank loans without the issuance of equity.(…)
via NORMA Group successfully closes acquisition of Statek | Fastener + Fixing Magazine.