Nordson Corp. has announced the completion of its acquisition of St. Paul, MN-based Micromedics Inc., a leader in applying and dispensing biomaterials for controlling bleeding, healing wounds and other related medical procedures.
“Micromedics extends Nordson’s expertise in precision dispensing technology and adds to our growing suite of applications in the expanding medical device and life sciences market,” said Michael F. Hilton, president and CEO of Nordson. “The company is an ideal fit with Nordson’s strategy of acquiring high-performing market leaders with differentiated technology and significant recurring revenue.”
Micromedics bioapplicator products, marketed under the name FibriJet, include single- and dual-syringe applicators modified with interchangeable tips for the particular needs of specific surgical procedures. The products are sold to a variety of end customers, including distributors, surgeons, OEMs, hospitals and outpatient clinics.
The acquired business will be integrated into Nordson’s Advanced Technology Systems segment.
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Nordson Completes Micromedics Acquisition
November 5, 2010