NORMA Group to acquire equity of Kimplas Piping Systems Limited (‘Kimplas’)
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The Euro 1 billion Germany headquartered NORMA Group signed an agreement to acquire equity of Kimplas Piping Systems Limited on 6th April, 2018. Kimplas is a leading manufacturer in India of world class electrofusion (EF), and compression fittings valves, and proprietary equipment for Micro-irrigation Industry. It was promoted by Mr. Krishen Khanna in 1996, …