Announced
Completed
Synopsis
Nordson, an innovative precision technology company, completed the acquisition of Atrion Corporation, a manufacturer of medical devices and components, for $800m. “Over nearly 15 years, Nordson has built a strong medical portfolio through organic and acquisitive growth. This attractive end market has several long-term secular growth drivers, including aging of the population, increasing healthcare spending and procedures, adopting of minimally-invasive surgical techniques, continuing innovation and medical OEM outsourcing. We have long admired Atrion’s technology portfolio, and today’s announcement represents a step forward in expanding our medical offerings for our customers. Leveraging our NBS Next growth framework and medical business expertise, we see significant operational synergies, while supporting the long-term growth of the business,” Sundaram Nagarajan, Nordson Corporation President and CEO.
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