Advanced Drainage closes acquisition of National Diversified Sales

Advanced Drainage (WMS) Systems announced that it has completed the previously disclosed acquisition of the water management business of Norma Group SE, known as National Diversified Sales. “We are excited to officially close this transaction and welcome NDS to the ADS family,” said Scott Barbour, CEO and President of ADS. “This transaction builds on the progress we have made transforming ADS into a more diversified, higher-margin business with a strengthened set of solutions we bring to customers across the water value chain. With our disciplined approach to integration and capital allocation, we believe this combination positions us well to create long-term value and advance our strategy in attractive, growing end markets.”