Announced
Completed
Financials
Tags
Acquisition
Majority
Private
Single Bidder
Machinery: Agricultural
Italy
precision control systems
Friendly
Cross Border
agricultural machinery
smart fluid components
Completed
Synopsis
Nordson, an innovative precision technology company, completed the acquisition of ARAG Group, a provider of precision control systems and smart fluid components for agricultural spraying, for €960m. "For ARAG, this agreement is a confirmation of the extraordinary work of our founders and their own employees. Since the company was founded in 1976, we have been meeting the needs of customers industry with a broad offering of sprayer solutions.Now, as a new division of Nordson, we will be able to leverage our innovation capability and offer Precision Farming solutions at a greater number of customers, all over the world. It is a very exciting time for ARAG, for our employees and for our customers," Victor Gottardi, ARAG Vice President.
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