Dear Customer and Supplier,
We are pleased to announce that TECO signed an agreement to be acquired by NORMA Group, an international market leader in engineered and standardized joining and fluid-handling technology. The acquisition is scheduled to be completed in early 2024.
By joining forces with NORMA Group team and organization, we’re tapping into a wealth of new resources and expertise that will fuel us into the future. Among other things, we’re expanding our marketing capacities, investing in our product development, and being projected towards greater growth and impact in the market.
The sense of community and trust you’ve fostered throughout our journey has been exceptional. Your dedication fuels our excitement for the path ahead.
Thank you once again and stay tuned for more updates!
The TECO team
About NORMA Group
With around 8,300 employees, NORMA Group supplies customers in over 100 countries with more than 40,000 product solutions. NORMA Group supports its customers and business partners in responding to global challenges such as climate change and the increasing scarcity of resources. NORMA Group’s products help reduce emissions harmful to the climate and use water more efficiently. Its innovative joining solutions are used in water supply, irrigation and drainage systems, vehicles with conventional and alternative drive systems, ships and aircraft, as well as buildings. NORMA Group generated sales of around EUR 1.2 billion in 2022. The company has a global network of 27 production sites and numerous sales offices in Europe, North, Central and South America and the Asia-Pacific region. Its headquarters are located in Maintal near Frankfurt/Main. NORMA Group SE is listed on the Frankfurt Stock Exchange in the regulated market (Prime Standard) and is a member of the SDAX.