What smart money is saying about NORMA Group
NOEJ.DE
No fund has written a full thesis on NORMA Group in our archive, but 1 fund letter reports a position in it, most recently Equam Global Value Fund in September 2026.
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1
Reported positions
0
Bought
0
Sold
1
Letter
Position history
Every position in NORMA Group on record in the archive was reported in Q3 2026, across 1 fund letter, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 1 position
- September 2026
“NORMA Group. After selling its water division to ADS for an enterprise value of approximately 850 million euros, it repurchased 29% of its shares through a public offering at 22.35 euros per share, totaling about 208 million euros.”
NORMA Group
Read the letters behind these NORMA Group positions
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