Nordson Corporation Announces Agreement To Acquire Ndc Technologies, Expanding Its Test And Inspection Capabilities
Nordson Corporation Announces Agreement To Acquire Ndc Technologies, Expanding Its Test And Inspection Capabilities
08/24/21, 6:00 AM
Location
Industry
manufacturing
Nordson Corporation (Nasdaq: NDSN) has signed a definitive agreement for the acquisition of the NDC Technologies business, a leading global provider of precision measurement solutions for in-line manufacturing process control, from Spectris plc (SXS: LSE). The acquisition expands Nordson’s test and inspection platform into new end markets and adjacent technologies. The all-cash transaction, subject to customary post-closing adjustments, is valued at $180 million.
Company Info
Location
Westlake, Ohio, United States
Company info
Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets.