Nordson Puts Down $200M For Plastics Producer

Law360, New York (June 5, 2012, 2:17 PM EDT) -- Ohio-based technology company Nordson Corp. has agreed to acquire Xaloy Superior Holdings Inc. for $200 million from private equity firm Industrial Growth Partners Industries LLC in an effort to expand its flexible packaging and plastic processing services, Nordson said Monday.

Xaloy, which manufactures melt delivery components for injection and intrusion machinery used in processing plastic in the U.S., Germany and Thailand, will become part of Nordson's Adhesive Dispensing Systems unit.

“Xaloy's comprehensive product range allows it to provide customers with an integrated solution that spans the...
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