{"id":530692,"date":"2021-08-24T02:03:11","date_gmt":"2021-08-24T06:03:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nordson-corporation-announces-agreement-to-acquire-ndc-technologies-expanding-its-test-and-inspection-capabilities\/"},"modified":"2021-08-24T02:03:11","modified_gmt":"2021-08-24T06:03:11","slug":"nordson-corporation-announces-agreement-to-acquire-ndc-technologies-expanding-its-test-and-inspection-capabilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nordson-corporation-announces-agreement-to-acquire-ndc-technologies-expanding-its-test-and-inspection-capabilities\/","title":{"rendered":"Nordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities"},"content":{"rendered":"

<\/p>\n

Nordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities<\/b><\/p>\n

WESTLAKE, Ohio–(BUSINESS WIRE<\/a>)–Nordson Corporation<\/a> (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\u2019s 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.\n<\/p>\n

\n\u201cWe are excited to welcome NDC Technologies\u2019 nearly 300 employees into the Nordson family. They will bring exciting new capabilities and expertise to our test and inspection platform,\u201d said Jeffrey Pembroke, executive vice president, Nordson Advanced Technology Solutions. \u201cNDC\u2019s customer-centric business model, differentiated technology and end markets make it a very Nordson-like business. This acquisition is further progress on our Nordson Ascend Strategy to achieve top-tier growth with leading margins and returns. We look forward to applying the NBS Next growth framework and investing in NDC\u2019s greatest opportunities for profitable growth.\u201d\n<\/p>\n

\nNDC Technologies, headquartered in Dayton, Ohio, generates approximately $90 million in annual revenue and $15 million in EBITDA. Its technology portfolio includes in-line measurement sensors, gauges and analyzers using near-infrared, laser, X-ray, optical and nucleonic technologies, as well as proprietary algorithms and software. These precision applications ensure quality and reliability within the customers\u2019 manufacturing processes. NDC also expands Nordson\u2019s test and inspection platform beyond electronics into new end markets, including consumer non-durable, film extrusion & converting, cable & tubing and energy storage.\n<\/p>\n

\nNordson Corporation is a global designer and manufacturer of innovative precision technologies for critical customer applications in consumer non-durable, medical, electronics and industrial end markets. The Company\u2019s products are supported by application expertise and direct global sales and service. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in over 35 countries. Visit Nordson on the web at www.nordson.com<\/a>, www.twitter.com\/Nordson_Corp<\/a> or www.facebook.com\/nordson<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210823005637\/en\/<\/a><\/span><\/p>\n

\nLara Mahoney
\n
Vice President,
\n
Corporate Communications & Investor Relations
\n
440.204.9985
\n
Lara.Mahoney@nordson.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Medical Devices Semiconductor Packaging Engineering Software Manufacturing Hardware Electronic Design Automation Health<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Nordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities WESTLAKE, Ohio–(BUSINESS WIRE)–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\u2019s 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. \u201cWe are excited to welcome NDC Technologies\u2019 nearly 300 employees into the Nordson family. They will bring exciting new capabilities and expertise to our test and inspection platform,\u201d said Jeffrey Pembroke, executive vice president, Nordson Advanced Technology Solutions. \u201cNDC\u2019s customer-centric business … <\/p>\n

Continue reading “Nordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-530692","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nordson-corporation-announces-agreement-to-acquire-ndc-technologies-expanding-its-test-and-inspection-capabilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nordson Corporation Announces Agreement to Acquire NDC Technologies, Expanding Its Test and Inspection Capabilities WESTLAKE, Ohio–(BUSINESS WIRE)–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\u2019s 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. \u201cWe are excited to welcome NDC Technologies\u2019 nearly 300 employees into the Nordson family. 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