SUMMER 2016

THE DISTRIBUTOR’S LINK 157
NORMA Group SE, a global market leader in
engineered joining technology, entered into an
exclusive agreement to acquire all assets of the
Autoline business from Parker’s Fluid Systems
Connectors Division, (“Parker Autoline”) on June
23, 2016.
The terms of the agreement are confidential
and will not be disclosed. Completion of the
transaction is subject to customary closing
conditions, including the Works Councils´
consultation processes in France, and is
expected in the second half of 2016.
Parker Autoline has been designing,
manufacturing and marketing quick connectors
for all types of automotive fluid line applications
for over 20 years. These plastic push-toconnect
components are used in all vehicle
types in fuel lines, cooling lines, vapor lines,
braking assistance lines and selective catalytic
reduction circuit lines. The connecting products
are manufactured at production sites in France,
Mexico and China and sold to customers
around the world. Expected global sales of
Parker Autoline are around 40 million euros in
fiscal year 2016 (July 1, 2015–June 30, 2016).
With the acquisition of Parker Autoline,
NORMA Group is expanding its product portfolio
in the area of quick connectors and strengthening
its market position. “These innovative and
high-quality Autoline products complement our
plastic product range in an ideal way,” said
Werner Deggim, CEO of NORMA Group. “In
addition, we will be opening up new international
markets, particularly in Asia, by acquiring Parker
Autoline.”
Parker Autoline has its headquarters in
Guichen, France. This business unit is part of
the Fluid System Connectors Division of Parker
Hannifin Corporation, and formerly a business
unit of Legris.
For more information, contact NORMA Group
SE, Postfach 1149, D-63461 Maintal. Tel: +49
6181-403-0, email: info@normagroup.com or
visit them online at www.normagroup.com.
Advance Components has hired Sara
Vasicek as Regional Sales Manager for the
Midwest and Northeast regions.
Sara brings 23 years of
fastener industry experience to
the job and previously worked
in sales at Fullco Industries and
Aztech Locknut. “I am looking
forward to joining a dynamic
and forward-thinking company like Advance,”
says Sara. “This company has a proven record
as the industry’s premier fastener resource for
distributors, and I hope to continue to give our
customers 110%.”
A native of Illinois, Sara will be based in the
Chicago area.
Advance Components is a master stocking
distributor of high-quality specialty fastener
products.For more information contact Advance
Components by phone at 1-800-275-7772, by
email to: sales@advancecomponents.com or visit
the website at www.advancecomponents.com.