Nordson to acquire Arag S.r.l. for €960M enterprise value

NORDSON CORP

Nordson Italia S.p.A. will buy Arag, a leader in precision control systems for ag spraying, from Capvis and others.
Enterprise value of €960M; cash consideration, no price adjustment; financing via cash on hand and debt.
Closing expected in Nordson's Q4 fiscal quarter; subject to Italian foreign direct investment clearance.

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