TPT March 2013

Industry News

MDA123C-TubeAD87x260-FA2.ai 1 12/18/12 3:11 PM

Australian business acquired

NORMA Group, an international market and technology leader for engineered joining technology, signed an agreement on 10 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. With the acquisition of the distribution business of Davydick, Norma Group 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 AG – Germany Website: www.normagroup.com Specialist plate bending THE latest Barnshaws plate bending project in London involves the expansion of the Barratt development pipeline in OsiersGate. The project is one of the key urban redevelopment sites in the London borough of Wandsworth, and sits between Enterprise Way and the River Wandle, a brownfield plot that has been occupied by 20 light-industrial work sheds. Barnshaw Plate Benders has provided a number of pressings for the development’s balconies. The designs from Assael Architecture see a 21-floor landmark tower, four floors shorter than original proposals during planning consultations, plus an assortment of shorter residential buildings with an average height of nine floors each. Within the scheme will be 275 residential units with affordable apartments in a self- contained block.

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Barnshaw Section Benders Ltd – UK Website: www.barnshaws.com

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M arch 2013

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