Norm

NORM
sold to GfK

August 2015

NORM: Europe’s leading virtual shopper research software for the FMCG market

“We are very excited to become part of GfK. The new setup will further strengthen our development of innovative methods to understand and predict shopper behaviour.”

Andreas Lee, co-founder of NORM

Founded

2003

Employees

60

Largest FMCG companies that are NORM clients

15 out of 20

Projects per year

300+

Headquarters

Stockholm, Sweden

Experts in understanding and predicting consumer and shopper behaviour

NORM’s main product, Simstore, is a software that simulates shopping environments for various market research purposes. Developed over 10 years, Simstore is fully cloud-based and creates photo-realistic two- and three-dimensional shopping environments.

The technology enables effective analysis of shoppers’ behaviour, resulting in actionable recommendations pertaining to optimising pricing, assortment, packaging, planograms and new product launches.

From its offices in Stockholm and Amsterdam, NORM leverages 12+ years of industry experience to carry out global projects for clients such as Unilever, Carlsberg, Nestlé, Arla Foods, and Philips.

Complementing the GfK portfolio in shopper research

German market research and user experience firm GfK acquired NORM in August 2015. The combination of the two companies' skills in this area offers a unique suite of shopper research tools.

The acquisition of NORM follows other recent tech transactions completed by GfK in the fields of big data analytics and shopper-related solutions such as Media Control and Cogenta.

Under the umbrella of GfK, NORM will be able to scale and integrate its technology into a global shopper portfolio, allowing for quicker development of innovative methods to understand and predict shopper behaviour.


Stella EOC acted as sole advisor to the sellers.