Nordson (NDSN) announces to acquire Atrion. This will enable it to strengthen its medical offerings and boost its position in the infusion and cardiovascular therapies market.
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WESTLAKE, Ohio, May 28, 2024--Nordson Corporation (Nasdaq: NDSN) today announced that it has entered into a definitive agreement to acquire Atrion Corporation (Nasdaq: ATRI), a leader in proprietary medical infusion fluid delivery and niche cardiovascular solutions, for $460.00 per share in cash. This reflects a valuation of 15X Atrion’s 2024 full-year estimated EBITDA, inclusive of synergies Nordson expects to generate in the first two years of its ownership. The acquisition expands Nordson’s m