ARAG Group is pleased to announce that it has been acquired by Nordson Corporation (Nasdaq: NDSN), a global diversified precision technology company. ARAG will become a division within Nordson’s Industrial Precision Solutions segment.
Commented Victor Gottardi, vice president and division leader of ARAG Group, “For ARAG, this deal is a confirmation of the extraordinary work of our founders and ARAG employees. Since the company was founded in 1976, we have served the needs of agricultural customers through an expansive portfolio of spraying solutions. Now, as a new division of Nordson, we will be empowered to expand our innovation pipeline and offer precision spraying solutions to a larger audience of customers around the world. This is a very exciting time for ARAG, our employees and our customers.”
ARAG is a global market and innovation leader in the development, production and supply of precision control systems and smart fluid components for agricultural spraying. Its portfolio consists of three key product families: smart components that measure and control the flow, quantity and location of the dispensed fluid; control systems that provide a greater variety of input and functionality to the customer and fluid components such as filters, nozzles and pumps. ARAG’s broad product portfolio is further supported by differentiated software and data capabilities.
Jeff Pembroke, executive vice president of Nordson’s Industrial Precision Solutions segment, said, “Precision dispensing is a core capability of Nordson, and we have long been attracted to companies with differentiated technologies and a customer-centric model. ARAG fits perfectly with Nordson, as it has a strong history of developing market leading technology for the precision agriculture market. We look forward to working with Victor and the ARAG team to support their customers and develop solutions that will improve customer yields and profitability.”
Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in over 35 countries.
ARAG is a global market and innovation leader in the development, production and supply of precision farming systems. The Company approach is based on knowledge and experience with the most demanding projects, bringing innovative and tailored product solutions for special applications. Established in 1976, ARAG develop systems for the most advanced agricultural implement and supports its customers through seven manufacturing and distribution locations globally and a sales network serving more than 80 countries.