AcquisitionsOct 23, 2026, 08:41 AM
Nordson Acquires Contrinex for $168M, Expanding Automation Portfolio
AI Summary
Nordson Corporation announced the completion of its acquisition of Contrinex, a Swiss-based global technology leader in high-performance sensors for factory automation. The acquisition, valued at approximately $168 million USD, is expected to enhance Nordson's test and inspection portfolio and expand its presence in industrial automation trends. Contrinex, with annual revenues of around $50 million and nearly 500 employees, will be integrated into Nordson's Advanced Technology Solutions segment.
Key Highlights
- Nordson Corporation completed the acquisition of Contrinex for an enterprise value of approximately $168 million USD.
- Contrinex is a manufacturer of inductive position sensors, photoelectric position sensors, and smart measurement sensors.
- The acquisition is expected to expand Nordson's industrial sensing and automation portfolio.
- Contrinex generates approximately $50 million in annual revenue.
- Contrinex will be integrated into Nordson's Advanced Technology Solutions segment.
- Contrinex has nearly 500 employees.
Price Impact
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