ADS为购买1B美元现金的NDS购买NDS,2026年初关闭,加强美国水管理的存在和削减费用。 ADS to buy NDS for $1B in cash, closing early 2026, boosting U.S. water management presence and cutting costs.

高级排水系统公司(ADS)于2025年9月23日宣布,它将从SENORMA集团获得NDS公司约10亿美元的全部现金交易,预计将于2026年初结束。 Advanced Drainage Systems, Inc. (ADS) announced on September 23, 2025, it will acquire NDS Inc. from NORMA Group SE for approximately $1 billion in an all-cash deal, expected to close in early 2026. 这次收购包括预期的税收优惠,估值NDS的EBITDA大约是其后期调整后的10倍,预计在第一年将增加ADS的每股收益. The acquisition, which includes anticipated tax benefits, values NDS at about 10 times its trailing adjusted EBITDA and is projected to be accretive to ADS’s earnings per share in the first year. NDS报告2025年6月30日结束的六个月的收入为3.13亿美元,专门从事住宅用水管理、取水箱和灌溉解决方案,90%的销售在美国。 NDS, which reported $313 million in revenue for the six months ended June 30, 2025, specializes in residential water management, access boxes, and irrigation solutions, with 90% of sales in the U.S. 这项交易旨在扩大ADS在水管理部门的存在,在三年内每年释放2 500万美元以上的成本协同效应,并增加其在零售、分销和电子商务渠道的分布。 The deal aims to expand ADS’s presence in the water management sector, unlock over $25 million in annual cost synergies within three years, and enhance its distribution across retail, distributor, and e-commerce channels. 这笔交易的资金将来自ADS现有的现金和信贷能力,并由其强劲的资产负债表和一体化经验提供支持。 The transaction will be funded through ADS’s existing cash and credit capacity, supported by its strong balance sheet and integration experience. 最后结案仍须得到监管批准和符合惯例条件。 Final closing remains subject to regulatory approvals and customary conditions.