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Companies · NDSN

NDSN Reported this cycle

Nordson

Westlake, OH Founded 1954 Industrials & Manufacturing

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Latest analysis

Updated Oct 23, 2026

Nordson completes $168M acquisition of Contrinex to expand factory automation sensor portfolio

Nordson acquired Contrinex, a Swiss sensor manufacturer generating ~$50 million in annual revenue, for approximately $168 million USD on October 23, 2026. The deal adds inductive position sensors, photoelectric sensors, and smart measurement technology to Nordson's Advanced Technology Solutions segment, directly reinforcing the company's stated focus on factory automation and control solutions as a growth vector within its Nordson Ascend Strategy. Contrinex brings approximately 500 employees and will be deployed across Nordson's global customer base under the NBS Next growth framework.

Tone: bullish

Revenue

$2.8B

NDSN 10-K · FY 2025

Employees

8,000

Revenue FY2024

$2.7B

Founded

1954

Profile

NDSN 10-K Item 1 · Dec 17, 2025

Nordson is a diversified precision technology company that engineers, manufactures, and markets systems used for dispensing adhesives, coatings, polymers, sealants, and biomaterials, as well as testing, inspecting, and surface treatment equipment. The company operates across three segments — Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions — serving a broad range of end markets globally. Approximately 67 percent of revenues were generated outside the United States in fiscal 2025.

Read filing description ↓

Nordson is an innovative precision technology company that leverages a scalable growth framework to deliver top tier growth with leading margins and returns. We engineer, manufacture and market differentiated products and systems used for precision dispensing, applying and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces and various medical products such as: catheters, cannulas, medical balloons and medical tubing. These products are supported with extensive application expertise and direct global sales and service. We serve a wide variety of consumer non-durable, consumer durable and technology end markets including packaging, electronics, medical, appliances, energy, transportation, precision agriculture, building and construction, and general product assembly and finishing. Our strategy for long-term growth is based on solving customers' needs globally. We were incorporated in the State of Ohio in 1954 and are headquartered in Westlake, Ohio. Our products are marketed through a network of direct operations in more than 35 countries. Consistent with this global strategy, approximately 67 percent of our revenues were generated outside the United States in 2025. In 2021, we launched the Ascend strategy, which is designed to deliver top tier revenue growth with leading margins and returns. Ascend is driven by three interconnected pillars: the NBS (Nordson Business System) Next growth framework; Owner Mindset, our division-led organizational structure; and Winning Teams, our talent strategy.

Primary products

  • Industrial Coatings
  • Nonwovens
  • Packaging
  • Polymer Processing
  • Precision Agriculture
  • Product Assembly

Business segments

Industrial Precision Solutions Medical and Fluid Solutions Advanced Technology Solutions

End markets

packaging electronics medical appliances energy transportation precision agriculture building and construction general product assembly and finishing consumer non-durable consumer durable industrial automotive

Geographies

United States People's Republic of China Bulgaria Germany Ireland Israel Italy Mexico the Netherlands United Kingdom more than 35 countries
“We maintain a leadership position in our business segments by delivering high-quality, innovative products and technologies, as well as global service and technical support.” Competitive position, as stated in the filing

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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

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