FOCUS ON: Nordson Acquires Flexible Packaging Equipment Manufacturer Verbruggen
At the close of the deal, Verbruggen had current fiscal year estimated sales of €8 million (~ $11 million) and employed approximately 40 people. The company will operate as part of Nordson’s Adhesive Dispensing Systems segment. Nordson reportedly expects the acquisition to be neutral to the company’s earnings in the first full year of operation.
“Verbruggen provides Nordson an excellent entry into the flexible packaging market, and it is a natural complement to our existing leadership position in rigid packaging applications,” said Michael F. Hilton, president and CEO, Nordson. “Like Nordson, Verbruggen occupies a strategic place in the packaging supply chain, providing key value-added equipment to OEMs. The combination of Nordson’s global footprint and Verbruggen’s differentiated technology will enable us to capture multiple new opportunities as flexible packaging continues to grow worldwide.”
About NordsonNordson Corp. is a leading global producer of precision dispensing equipment that applies adhesives, sealants, powder and liquid coatings, and other materials to a range of consumer and industrial products. In addition, the company manufactures equipment used in the testing and inspection of electronic components and 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. For more information, visit Nordson at www.nordson.com.
About VerbruggenVerbruggen is a leading global manufacturer of flat dies and coextrusion equipment.
With an experienced workforce, the company combines an extensive knowledge of extrusion with the latest processing machinery technology. All processes are completed in