Nordson Acquires Sealant Equipment & Engineering
Nordson Corp. recently announced it has acquired Sealant Equipment & Engineering Inc., a manufacturer of meter, mix, and dispense equipment and valves. The acquired business had sales of $18 million for the trailing 12 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 Michael F. Hilton, president and CEO of Nordson. “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 that 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.”