business & market news
10
Tube Products International March 2013
Norma acquires Australian
distribution business
Norma Group, an international market
and technology leader for engineered
joining technology, signed an agreement
in January to acquire the distribution
business of Davydick & Co Pty Limited,
Australia. The parties agreed to maintain
confidentiality on the transaction details.
Davydick, based in Goulburn,
approximately 150km southwest of
Sydney, is a distributor for various
elements in the transportation of
water in irrigation systems. The
company is specialised in supplying a
comprehensive range of rural irrigation
fittings, valves and pumps under its
Pumpmaster brand name to around
700 customers throughout Australia, in
the agricultural, hardware and plumbing
markets. Davydick maintains branches
in Melbourne, Adelaide and Brisbane.
With the acquisition of the distribution
business of Davydick, Norma Group
builds on its water platform and
complements its product range in
the infrastructure business area. The
company expands its distribution
network with a focus on agriculture and
irrigation.
“We are pleased to grow our existing
distribution network in Australia with the
acquisition of Davydick,” commented
Werner Deggim, CEO of Norma
Group. “Furthermore, we step into the
markets for pumps. The service range
of Davydick ideally complements our
recent acquisition of Chien Jin Plastic,
a Malaysian manufacturer of pipe
compression fittings and components
for the irrigation, agriculture and water
distribution markets.”
Norma Group manufactures a wide
range of innovative engineered joining
technology solutions in three product
categories (clamp, connect and fluid),
and offers around 35,000 products
and solutions to approximately 10,000
customers in 90 countries. Its joining
products can be found in vehicles, ships,
trains, aircraft, domestic appliances,
engines and plumbing systems, as well
as in applications for the pharmaceutical
and biotechnology industry.
Norma Group AG
– Germany
Sustainable
manufacturer
award
A West Bromwich, UK-based
manufacturer of precision cold drawn
welded and seamless tube has
received the prestigious Sustainable
Manufacturer of the Year Award at the
Insider Made in the Midlands Awards.
Caparo Drawn Products, which
needed to deal with both a declining
and increasingly competitive market in
the UK and abroad, introduced a cost
reduction programme of which energy
consumption formed a key strand. At
its current rate, the company’s energy
consumption constituted approximately
10 per cent of turnover, and its target
was to reduce both its energy and
carbon footprint by 10 per cent.
As a result, Caparo introduced a group
energy plan, monthly benchmarking,
and appointed an energy champion.
The company’s management also
determined five areas where savings
could be made in gas consumption.
Kurt Jacobs, editor at awards organiser
Midlands Business Insider, said,
“Caparo Drawn Products stood out.
Its commitment to sustainability has
produced phenomenal results. It was
clear that the sustainability agenda is
clearly in their DNA – it’s the first company
we’ve heard of with a committed energy
director. The business set out clearly
what it wanted to achieve with its green
strategy and surpassed it.”
Caparo Drawn Products
– UK
