Reuters logo
BRIEF-Nordson corp announces agreement to acquire an unit of Vention Medical
February 20, 2017 / 9:43 PM / 8 months ago

BRIEF-Nordson corp announces agreement to acquire an unit of Vention Medical

Feb 20 (Reuters) - Nordson Corp

* Nordson corp announces agreement to acquire advanced technologies business of Vention Medical

* Deal for for $705 million in an all cash transaction

* Says transaction will be financed through cash and debt

* Nordson corp says Vention at employs approximately 775 people and will operate as part of Nordson’s advanced technology systems segment

* Says deal expected to accelerate nordson top and bottom line growth and be accretive to ebitda margins Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below