---
schema_version: "secwatch.filing_event.v1"
accession: "0000072331-23-000113"
form_type: "8-K"
ticker: "NDSN"
cik: "0000072331"
company_name: "NORDSON CORP"
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T17:23:44.149292+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nordson to acquire ARAG Group for €960M, expanding into precision agriculture

## Summary
- Enterprise value of €960M in all-cash transaction; ARAG expected FY2023 sales of €155M.
- Valuation ~16.5x projected 2023 EBITDA; deal accretive to growth and margin profile.
- Expected close in Nordson's fiscal Q4 2023, funded by cash on hand and debt.
- ARAG will operate as a division in Nordson's Industrial Precision Solutions segment.
- ARAG is a global leader in precision control systems and smart fluid components for agricultural spraying.

## SEC filing metadata
- accession: 0000072331-23-000113
- form_type: 8-K
- ticker: NDSN
- cik: 0000072331
- company_name: NORDSON CORP
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72331/000007233123000113/0000072331-23-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72331/000007233123000113/ndsn-20230626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072331-23-000113
- JSON: https://secwatch.observer/filing/0000072331-23-000113.json
- Plain text: https://secwatch.observer/filing/0000072331-23-000113.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.