M&A Deal Summary

Nordson Acquires Asymptotic Technologies

On July 29, 1996, Nordson acquired manufacturer Asymptotic Technologies

Acquisition Highlights
  • This is Nordson’s 1st transaction in the Manufacturing sector.
  • This is Nordson’s 2nd transaction in the United States.
  • This is Nordson’s 2nd transaction in California.

M&A Deal Summary
Date 1996-07-29
Target Asymptotic Technologies
Sector Manufacturing
Buyer(s) Nordson
Deal Type Add-on Acquisition

Target

Asymptotic Technologies

Carlsbad, California, United States
Asymptotic Technologies, Inc., produces a range of automated fluid dispensing systems widely used in such applications as electronic assembly, medical device, industrial, automotive and appliance manufacturing. Asymtek is a provider in automated, closed-loop process control systems for integrated circuit (IC) encapsulation and underfill applications.

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Buyer(S) 1

Buyer

Nordson

Westlake, Ohio, United States
Category Company
Founded 1935
Sector Machinery
Employees7,700
Revenue 2.6B USD (2023)
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 2 of 37
Sector (Manufacturing) 1 of 9
Type (Add-on Acquisition) 2 of 35
State (California) 2 of 6
Country (United States) 2 of 23
Year (1996) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-01-01 Slautterback

Monterey, California, United States

Slautterback Corp., a adhesive dispensing equipment and electronic controls.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-09-07 Horizon Lamps

Easton, Pennsylvania, United States

Horizon Lamps, Inc., is a manufacturer of electric lamps.

Buy -
Mergr

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