Nordson Corporation (NDSN) has entered into a definitive agreement to acquire ARAG Group and its subsidiaries (ARAG) in an all-cash transaction that values ARAG at an enterprise value of EUR 960M.
Headquartered in Rubiera, Italy, 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: fluid components, such as nozzles, pumps, and filters; smart components that measure and control the flow, quantity, and location of the dispensed fluid; and control systems that provide a greater variety of input and functionality to the customer. ARAG’s broad product portfolio is further supported by differentiated software and data capabilities. Established in 1976, ARAG supports its customers through seven manufacturing and distribution locations globally and a sales network serving more than 80 countries.
