Advanced Drainage Systems, Inc. /
National Diversified Sales
Advanced Drainage Systems expands water management business with NDS purchase
Source for the buyer and target: ADVANCED DRAINAGE SYSTEMS, INC.
For the buyer and target.
“HILLIARD, Ohio – (February 2, 2026) – Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries today announced that it has completed the previously disclosed acquisition of the water management business of Norma Group SE (DAX: NOEJ), known as National Diversified Sales (“NDS”).”
Published 2 Feb 2026
Open the sourceWhat happened
Advanced Drainage Systems, Inc. completed its acquisition of National Diversified Sales, the water management business known as NDS, on Feb. 2, 2026. [01]
The all-cash transaction was valued at approximately $1.0 billion, subject to purchase price adjustments. NDS adds residential water management, access box, and irrigation solutions to Advanced Drainage Systems’ offering. [01]
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Advanced Drainage Systems expands water management business with NDS purchase
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“Advanced Drainage Systems expands water management business with NDS purchase Advanced Drainage Systems, Inc. completed its acquisition of National Diversified Sales, the water management business known as NDS, on Feb…”
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