Clearwater International advises the shareholders of NORMA Group on sale to 3i

Clearwater International acted as sole financial adviser to NORMA Group (Rasmussen GmbH and its subsidiaries) on its sale to 3i Deutschland Gesellschaft für Industriebeteiligungen mbH.

With approximately 1,600 employees in 9 countries, the family-owned NORMA Group realised worldwide consolidated sales of approximately €245m in 2005. NORMA ranks among the world market leaders in the field of fasteners and fluid systems for automotive and industrial customers.

Clearwater International, led by partners Ralph Schmücking and Tobias Schätzmüller, advised NORMA Group.