Nordson Corporation to Acquire Micromedics, Inc.

Nordson Corporation NDSN today announced it has entered into a definitive agreement to acquire St. Paul, Minnesota-based Micromedics Inc.. Terms of the deal, which is expected to close within approximately 30 days, were not disclosed. The acquired business will be integrated into Nordson's Advanced Technology Systems segment. Additional Micromedics product lines related to ear, nose and throat applications and surgical instrument protection are not being acquired by Nordson and will be spun out prior to close as a new company called Summit Medical Inc.