Advanced Drainage Systems Announces Acquisition of National Diversified Sales, a Subsidiary of Norma Group Se

Core Viewpoint - Advanced Drainage Systems, Inc. (ADS) has announced the acquisition of the water management business of Norma Group SE, known as National Diversified Sales (NDS), in an all-cash transaction valued at approximately $1.0 billion [1] Group 1: Acquisition Details - The acquisition is part of ADS's strategy to enhance its position in the stormwater and onsite wastewater industries [1] - The transaction is structured as a definitive stock purchase agreement [1] Group 2: Financial Implications - The total value of the acquisition is approximately $1.0 billion [1]