Nordson Acquires German Distributor GLT mbH
05 Jan 2010
Westlake, Ohio, USA – January 5, 2010 - Nordson Corporation (Nasdaq: NDSN) today announced that it has acquired German distributor GLT mbH based in Pforzheim, Germany. Revenues of GLT were not disclosed.
GLT employs a total of 41 and has been a distributor of the company’s Nordson EFD brand dispensing systems and related products in Germany since 1977.
“We have enjoyed a strong partnership with GLT for 32 years,” said Nordson Chairman, President and Chief Executive Officer Edward P. Campbell. “We have mutually agreed that this transaction is the next step in the continued growth of our business in Germany and the greater European region.”
Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants, coatings and other materials to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures equipment used in the testing and inspection of electronic components as well as technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has direct operations and sales support offices in more than 30 countries.
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