Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.99
ADVANCED DRAINAGE SYSTEMS, INC. completed an acquisition involving NORMA Group SE for all cash transaction for consideration of approximately $1.0 billion, subject to certain purchase price adjustments (closed 2026-02-02).
- Action
- acquisition
- Counterparty
- NORMA Group SE
- Consideration
- all cash transaction for consideration of approximately $1.0 billion, subject to certain purchase price adjustments
- Closing
- 2026-02-02
Exact text from the filing
On February 2, 2026, Advanced Drainage Systems, Inc. (the “Company”) completed its previously announced acquisition of the outstanding capital stock of certain indirect subsidiaries of NORMA Group SE (“Norma Group”), a European company ( Societas Europaea ) incorporated under the laws of Germany, which comprise substantially all of Norma Group’s water management business known as National Diversified Sales (“NDS”), subject to the terms and conditions set forth in the Master Share Purchase Agreement dated September 23, 2025 (the “Purchase Agreement”) between the Company and Norma Group. The acquisition was an all cash transaction for consideration of approximately $1.0 billion, subject to certain purchase price adjustments.
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