Nordson Corporation buys Plas-Pak Industries

Deal expands Nordson's offering of single-use dispensing syringes, cartridges & related components

Pharma packaging image via Shutterstock. — <a href="http://www.shutterstock.com/pic-228917470/stock-photo-syringe-with-glass-vials-and-medications-pills-drug.html?src=pIxXQzvei39Goc3QCn5gHg-1-51" target="_blank">Pharma packaging</a> image via Shutterstock.

BS B2B Bureau Westlake, Ohio, USA

Last Updated : Feb 08 2017 | 4:14 PM IST

Nordson Corporation has acquired Plas-Pak Industries Inc, the Connecticut (USA) based designer and manufacturer of injection moulded, single-use plastic dispensing and packaging products including two-component (2K) cartridges for industrial and commercial do-it-yourself (DIY) adhesives, dial-a-dose calibrated syringes for veterinary and animal health applications, and specialty syringes for pesticide, dental and other markets.

“Plas-Pak’s recurring revenue model, proprietary technology, and low-dollar-cost, high-value-add selling proposition are highly complementary and consistent with our existing Nordson EFD product line. Plas-Pak strengthens Nordson EFD’s position in select industrial end markets, while providing access to a rapidly growing animal health market and broader exposure to the DIY, pesticide and dental markets. We expect to leverage Nordson’s global footprint to accelerate Plas-Pak’s growth beyond its current strong presence in North America,” said Jeff Pembroke, corporate vice president for Nordson’s advanced technology systems segment.

Founded in 1985, Plas-Pak Industries employs approximately 150 people and operates an ISO 9001:2008 facility with significant capacity to accommodate future growth. The technology portfolio includes multiple proprietary and patented products. The company has averaged high single digit annual revenue growth over the last five years.

Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing.