M&A Deal Summary

Nordson Acquires Spectris - NDC Technologies Business

On August 24, 2021, Nordson acquired test/measurement equipment company Spectris - NDC Technologies Business from Spectris for 180M USD

Acquisition Highlights
  • This is Nordson’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Nordson’s 10th largest (disclosed) transaction.
  • This is Nordson’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-08-24
Target Spectris - NDC Technologies Business
Sector Test/Measurement Equipment
Buyer(s) Nordson
Sellers(s) Spectris
Deal Type Divestiture
Deal Value 180M USD

Target

Spectris - NDC Technologies Business

Egham, United Kingdom
Spectris's NDC Technologies Business is a provider of precision measurement solutions for in-line manufacturing process control.

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Buyer(S) 1

Buyer

Nordson

Westlake, Ohio, United States

website


Category Company
Founded 1935
Sector Machinery
Employees7,100
Revenue 2.6B USD (2022)
DESCRIPTION

Nordson delivers precision technology solutions to help customers succeed worldwide. The company engineers, manufactures and markets differentiated products and systems used for dispensing adhesives, coatings, sealants, biomaterials and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, all supported by application expertise and direct global sales and service. Nordson was founded in 1935 and is based in Westlake, Ohio.


DEAL STATS #
Overall 34 of 36
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 2 of 2
Country (United Kingdom) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-01 vivaMOS

Southampton, United Kingdom

vivaMOS Ltd. is a designer, developer, and fabricator of high-end large-area complementary metal–oxide–semiconductor (CMOS) image sensors for a wide range of X-ray applications. vivaMOS was established in 2015 and is based in Southampton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-08 CyberOptics

Minneapolis, Minnesota, United States

CyberOptics is a global developer and manufacturer of high-precision 3D optical sensing technology solutions. The company's sensors are used for inspection and metrology in the semiconductor and surface mount technology (SMT) markets to improve yields and productivity. CyberOptics' inspection systems come with the assurance of high quality, accuracy and speed. Its innovative and proprietary 3D Multi-Reflection Suppression (MRS) optical sensor technology and WaferSense wireless measurement sensors for tool setup and diagnostics will expand Nordson’s growth opportunities into new areas of the semiconductor wafer fabrication and packaging process. CyberOptics was founded in 1984 and is based in Minneapolis, Minnesota.

Buy $300M

Seller(S) 1

SELLER

Spectris

Egham, United Kingdom

website


Category Company
Founded 1915
Sector Technology Hardware
Employees7,650
Revenue 1.3B GBP (2022)
DESCRIPTION

Spectris, a supplier of productivity enhancing instrumentation and controls. Our businesses serve, with recognised brands and award-winning products. The Company's products and technologies help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Spectris was founded in 1915 and is based in Egham, the United Kingdom.


DEAL STATS #
Overall 3 of 5
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 3 of 5
Country (United Kingdom) 2 of 3
Year (2021) 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-02 Millbrook Proving Ground

Bedford, United Kingdom

Millbrook Proving Ground Ltd. provides virtually every test, validation, and homologation service necessary for today’s demanding programs. Millbrook Group provides vehicle test, validation, and engineering services to customers in the automotive, transport, tire, petrochemical, defense, and security industries. Millbrook Proving Ground was founded in 1970 and is based in Bedford, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-19 Omega Engineering

Norwalk, Connecticut, United States

Omega Engineering is a provider of specialist sensors that help customers improve processes, delivered by a high service omni-channel distribution platform. Omega Engineering was founded in 1962 and is based in Norwalk, Connecticut.

Sell £403M