Linklaters has advised the NORMA Group AG on its conversion into a company under European law (Societas Europaea/SE). The company now operates under the name NORMA Group SE, registration in the commercial register of the Local Court of Hanau has been completed, and the registered office remains in Maintal.

NORMA Group SE is the holding company of NORMA Group, a global market and technology leader for engineered joining technology. The European legal structure stands for a modern, entrepreneurial Europe and as such reflects the NORMA Group's international and open corporate culture in its home market.

The annual general meeting passed the resolution regarding the conversion into an SE in May this year. In mid-June 2013, the newly constituted supervisory board appointed the members of the board of NORMA Group SE. The dual system with an executive and a supervisory board will remain in place. As before, the supervisory board will consist of six members, who are elected by the shareholders. “After Klöckner and Deutsche Annington, it was very exciting to again have the opportunity to advise on the setting-up of a non-participation SE. This was a real challenge for everyone involved, particularly the in-house team”, commented Dr Florian Drinhausen, Linklaters’ partner in Frankfurt

Upon the conversion becoming effective, the shareholders of NORMA Group AG automatically became shareholders of NORMA Group SE. Similarly, stock market trading in NORMA shares was not affected.

Linklaters (Frankfurt): Linklaters’ team was led by Dr Florian Drinhausen (Corporate, Frankfurt). Other members were Dr Michael Tepass (Employment), Astrid Keinath (Corporate) and Dorit Engel (Employment) (all Frankfurt).