Nordson Corporation Acquires Sealant Equipment and Engineering Inc
Nordson Corporation Acquires Sealant Equipment & Engineering Inc., Expanding Cold Material Dispensing and Application Capabilities
Westlake, Ohio, USA – August 1, 2012 - Nordson Corporation (Nasdaq: NDSN) today announced the acquisition of Plymouth, Michigan based Sealant Equipment & Engineering, Inc., a leader in the engineering and manufacturing of meter, mix and dispense equipment and valves which apply 1-part, 2-part and 3-part adhesive, sealant and lubricating materials. Terms of the transaction were not disclosed.
The acquired business had sales of $18 million for the trailing twelve months ended June 30, 2012, employs 60 people, and will operate as part of Nordson’s Industrial Coating Systems segment. “Sealant Equipment & Engineering provides Nordson with a broader presence in the cold materials equipment market and focuses on a wide variety of general industry applications including aerospace and transportation, building and construction, medical, alternative energy and many others,” said Nordson President and Chief Executive Officer Michael F. Hilton.
“The company is an excellent complement to Nordson’s existing cold material equipment offering. It also provides us with additional capability in a space we have previously highlighted as attractive, and fits our profile of providing customers with outstanding service and differentiated products which improve their processes and productivity. In addition, we see significant opportunities to leverage Nordson’s global infrastructure to grow the business beyond its current, largely North American footprint.”
About Nordson ICS - Industrial Coating Systems Division
Founded in 1954 to produce and market airless spray equipment, today manufacturers rely on our equipment for the precise application and curing of powder coatings, liquid paint, ambient temperature adhesives and sealants, and food and beverage container production. Our solutions help our customers improve their manufacturing process, produce better products and become even more competitive. We do this by combining in-depth knowledge, world-leading technical expertise and precise, performance enhancing production solutions for some of the world’s most demanding and diverse manufacturing environments.
We offer world leading application and curing equipment for powder coating, liquid spray painting, container coating, automotive applications, battery applications and precision dispensing for various application needs. Visit Nordson ICS on the web at Nordson Website, Twitter Profile, Facebook Profile and LinkedIn Profile.
About Nordson Corporation
Nordson engineers, manufactures, and markets differentiated products and systems used for dispensing and processing adhesives, coatings, polymers, sealants and biomaterials; and for managing fluids, testing and inspecting for quality, treating surfaces and curing. These products are supported with extensive application expertise and direct global sales and service.
We serve a wide variety of consumer non-durable, consumer durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, building and construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 30 countries. Visit Nordson on the web at Nordson Website, twitter.com/Nordson_Corp or facebook.com/nordson.