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    Advanced Drainage Systems to buy Norma Group's water management business in $1 billion deal

    Picture of Advanced Drainage Systems logoAdvanced Drainage Systems
    23/09/2025 06:42
    Sept 23 (Reuters) - Advanced Drainage Systems WMS.N said on Tuesday that it will buy German automotive and industrial supplier Norma Group's NOEJ.DE water management business in a deal valued at about $1 billion.

 (Reporting by Ruchika Khanna in Bengaluru)

 ((Ruchika.Khanna@thomsonreuters.com;))

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