NORMA Group successfully completes acquisition of Parker Hannifin’s global Autoline business for quick connectors
Maintal, Germany, December 1, 2016
NORMA Group, a global market leader in engineered joining technology, has successfully completed the acquisition of the Autoline business from Parker Hannifin. Autoline produces quick connectors for the connection of fluid lines in motor vehicles and has more than 200 employees at locations in France, Mexico and China.
“The acquisition of Autoline strengthens our market position with new products in the area of quick connectors and by gaining new customers, including in Asia,” says Werner Deggim, CEO of NORMA Group. “The decades-long experience of Autoline and the expertise in the development and manufacture of joining products fit perfectly with NORMA Group. We look forward to working with our new colleagues.”
The consolidation of Autoline is effective immediately. The business is expected to generate global sales of around EUR 40 million for fiscal year 2017. Autoline has developed, manufactured and marketed plastic quick connectors for more than 20 years. The products connect, among other things, fuel-line systems, tank ventilation, cooling, brake vacuums and SCR (Selective Catalytic Reduction) in all vehicle types. Autoline is headquartered in Guichen, France. The business was part of the Fluid System Connectors Division of Parker Hannifin Corporation and previously a division of Legris.