Advanced Drainage Systems, Inc. announced a $1 billion deal to acquire National Diversified Sales from Norma Group SE. The acquisition is expected to close in the first quarter of 2026 and will be funded by cash on hand and debt. National Diversified Sales had revenue of $313 million in the 12-month period to June, with most sales in the U.S. CEO Scott Barbour highlighted the strategic importance of the acquisition in expanding ADS’ product offerings and profitability. The deal is projected to enhance earnings for Advanced Drainage Systems starting in the first full year.

Read more at Nasdaq: Advanced Drainage Systems To Buy Water Management Business Of Norma Group For $1 Bln In Cash