---
schema_version: "secwatch.filing_event.v1"
accession: "0000072331-23-000150"
form_type: "8-K"
ticker: "NDSN"
cik: "0000072331"
company_name: "NORDSON CORP"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:27:15.496138+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nordson closes acquisition of Arag for €957M, funded with new €760M term loan

## Summary
- Acquired Arag S.r.l. (agricultural spraying precision systems) for ~€957M cash, net of ~€30M debt repayment.
- Funded by €760M 364-day term loan (JPMorgan, matures Aug 21, 2024) and revolving credit facility borrowings.
- Term loan interest at EURIBOR plus margin based on leverage; covenants include leverage and interest coverage ratios.
- Acquisition closed Aug 24, 2023, previously disclosed June 25, 2023; expands into agricultural precision dispensing.

## SEC filing metadata
- accession: 0000072331-23-000150
- form_type: 8-K
- ticker: NDSN
- cik: 0000072331
- company_name: NORDSON CORP
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72331/000007233123000150/0000072331-23-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72331/000007233123000150/ndsn-20230823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072331-23-000150
- JSON: https://secwatch.observer/filing/0000072331-23-000150.json
- Plain text: https://secwatch.observer/filing/0000072331-23-000150.txt

## Key facts
- Debt Financings
  NORDSON CORP incurred term loan of €760.0 million with JPMorgan Chase Bank, N.A., as Administrative Agent at eurocurrency rate plus an applicable margin maturing August 21, 2024.
  - Instrument: term loan
  - Principal: €760.0 million
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Rate: eurocurrency rate plus an applicable margin
  - Maturity: August 21, 2024
  - Event: incurrence
  source text: On August 23, 2023, Nordson Corporation (the “Company”) entered into a 364-Day Term Loan Credit Agreement (the “Term Loan Agreement”) with JPMorgan Chase Bank, N.A., as Administrative Agent (the “Agent”), Sole Lead Arranger and Sole Bookrunner, and various financial institutions named therein as lenders. The Term Loan Agreement provides for a term loan facility in the aggregate principal amount of €760.0 million (the “Term Loan Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000150/0000072331-23-000150-index.htm
- Material Agreements
  NORDSON CORP entered into 364-Day Term Loan Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, and various financial institutions named therein as lenders valued at €760.0 million (effective 2023-08-23).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, and various financial institutions named therein as lenders
  - Value: €760.0 million
  - Effective: 2023-08-23
  source text: On August 23, 2023, Nordson Corporation (the “Company”) entered into a 364-Day Term Loan Credit Agreement (the “Term Loan Agreement”) with JPMorgan Chase Bank, N.A., as Administrative Agent (the “Agent”), Sole Lead Arranger and Sole Bookrunner, and various financial institutions named therein as lenders. The Term Loan Agreement provides for a term loan facility in the aggregate principal amount of €760.0 million (the “Term Loan Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/72331/000007233123000150/0000072331-23-000150-index.htm

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