TPi March 2013

business & market news

Norma acquires Australian distribution business

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.

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),

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.

Norma Group AG – Germany www.normagroup.com

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.”

With the acquisition of the distribution business of Davydick, Norma Group

Caparo Drawn Products – UK www.caparo.com

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Tube Products International March 2013

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