Nordson Enters Definitive Deal To Acquire Atrion For $460.00 Per Share In Cash

5/28/24 7:02:44 AM ET

$ATRI

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Medical/Dental Instruments

Health Care

Industrial Machinery/Components

Industrials

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Headquartered in Allen, Texas, Atrion is a manufacturer of proprietary medical products, generating approximately $169 million in annual revenue in 2023.

The $460.00 per share in cash price for Atrion represents a total transaction enterprise value of approximately $800 million. The transaction is expected to close prior to Nordson's fiscal year-end 2024

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Recent Analyst Ratings for
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Company	Date	Price Target	Rating	Analyst
Nordson Corporation $NDSN	2/26/2024		Overweight → Sector Weight	KeyBanc Capital Markets
Nordson Corporation $NDSN	10/5/2023	$275.00	Outperform	Exane BNP Paribas
Nordson Corporation $NDSN	9/26/2023	$260.00 → $240.00	Buy → Hold	Jefferies
Nordson Corporation $NDSN	2/22/2023	$255.00	Sector Weight → Overweight	KeyBanc Capital Markets
Nordson Corporation $NDSN	3/30/2022	$250.00	Hold	Loop Capital
Nordson Corporation $NDSN	1/10/2022	$280.00 → $310.00	Overweight	Wells Fargo
Nordson Corporation $NDSN	12/17/2021	$230.00 → $270.00	Equal-Weight	Morgan Stanley
Nordson Corporation $NDSN	10/19/2021	$270.00 → $280.00	Overweight	Wells Fargo

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Nordson Enters Definitive Deal To Acquire Atrion For $460.00 Per Share In Cash
Headquartered in Allen, Texas, Atrion is a manufacturer of proprietary medical products, generating approximately $169 million in annual revenue in 2023. The $460.00 per share in cash price for Atrion represents a total transaction enterprise value of approximately $800 million. The transaction is expected to close prior to Nordson's fiscal year-end 2024
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Nordson Corporation (NASDAQ:NDSN) (the "Company" or "Nordson") has completed the acquisition of Atrion Corporation ("Atrion"), a leader in proprietary medical infusion fluid delivery and niche cardiovascular solutions. The completion of the transaction follows the Company's May 28, 2024 announcement that it had entered into an agreement to acquire the business. This acquisition will expand Nordson's medical portfolio into new markets and therapies, supported by long-term secular growth trends. The Company will provide comments about the acquisition in its previously announced third quarter fiscal year 2024 webcast, which is scheduled for: Date: Thursday, August 22, 2024 Time: 8:30 AM ET
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Nordson Enters Definitive Deal To Acquire Atrion For $460.00 Per Share In Cash

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Recent Analyst Ratings for $ATRI$NDSN

$ATRI$NDSN SEC Filings

Nordson Corporation filed SEC Form 8-K: Creation of a Direct Financial Obligation

SEC Form FWP filed by Nordson Corporation

SEC Form 15-12G filed by Atrion Corporation

$ATRI$NDSN Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Atrion Corporation

Amendment: SEC Form SC 13D/A filed by Atrion Corporation

Amendment: SEC Form SC 13D/A filed by Atrion Corporation

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$ATRI$NDSN Analyst Ratings

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Nordson downgraded by KeyBanc Capital Markets

Exane BNP Paribas initiated coverage on Nordson with a new price target

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