Germany’s NORMA Group SE, which manufactures machine joining components, is acquiring Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount..AZB & Partners acted for NORMA Group and the team was led by Partner Srinath Dasari along with Senior Associate Malaveeka Chakravarthy and Associate Aparajita Lath..Khaitan & Co acted for Kimplas Piping Systems and the team was led by Partner Nikhilesh Panchal along with Principal Associate Malav Shah and Associate Murugaveni Pillai..NORMA Group started its India operations in 2008 with a plant focused on fluid handling and joining technology used in the automotive industry..NORMA has previously acquired businesses in the water management industry in Malaysia, Australia and the US, reported VCCircle.
Germany’s NORMA Group SE, which manufactures machine joining components, is acquiring Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount..AZB & Partners acted for NORMA Group and the team was led by Partner Srinath Dasari along with Senior Associate Malaveeka Chakravarthy and Associate Aparajita Lath..Khaitan & Co acted for Kimplas Piping Systems and the team was led by Partner Nikhilesh Panchal along with Principal Associate Malav Shah and Associate Murugaveni Pillai..NORMA Group started its India operations in 2008 with a plant focused on fluid handling and joining technology used in the automotive industry..NORMA has previously acquired businesses in the water management industry in Malaysia, Australia and the US, reported VCCircle.