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Announced

Completed

Nordson completed the acquisition of Fluortek.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

precision plastic extrusion

Acquisition

Private

Completed

Majority

Medical Supplies

Single Bidder

Synopsis

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Nordson, an engineer, manufacturer of differentiated products for the healthcare industry, completed the acquisition of Fluortek, a Pennsylvania based precision plastic extrusion manufacturer that provides custom dimensioned tubing to the medical device industry. Financial terms were not disclosed. "As Nordson MEDICAL continues to expand its differentiated product offerings, the acquisition of Fluortek enhances our ability to deliver critical components that enable our customers' most complex medical device innovations. This offering further supports Nordson MEDICAL's position as a leading full-service solution provider of component and device manufacturing capabilities for OEM's across the interventional, minimally invasive and surgical medical device landscape," Jeffrey Pembroke, Nordson Executive Vice President.

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