Nordson Corporation Enters Agreement to Acquire Xaloy Superior Holdings for $200M

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Nordson Corporation
NDSN
today announced it has entered into a definitive agreement to acquire New Castle, Pennsylvania -based Xaloy Superior Holdings, Inc., a leading manufacturer of melt delivery components for injection and extrusion machinery in the global plastic processing industry. The $200 million purchase price, subject to adjustment as provided in the purchase agreement, will be financed with available credit facilities. The transaction is expected to close during Nordson's third quarter pending customary closing conditions and regulatory reviews.
Posted In: NewsM&A
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