Nordson Corporation Acquires Value Plastics

Fort Collins, Colo.-based Value Plastics has been acquired by Nordson Corporation, and will now operate within Nordson’s Advanced Technology Systems segment.

“This is an excellent fit for our organization given Nordson’s approach, commitment to operational efficiency and continuous improvement, and their global footprint,” said Bruce Williams, president of Value Plastics. “We look forward to leveraging their established sales channels into various industrial markets and also believe that Nordson will help strengthen our position as the preferred component supplier to the healthcare industry.”

Nordson’s advanced technology systems segment includes biomaterial dispensing, dental molding, glucose test strip production and catheter, stent and pacemaker assembly. Nordson is headquartered in Westlake, Ohio, and has direct operations and sales support offices in more than 30 countries.

“Value Plastics supports Nordson’s strategic objective of building upon our medical and life sciences platform and complements our existing positions in biomaterial delivery devices and medical device assembly,” said Michael F. Hilton, president and CEO of Nordson. “Value Plastics is an ideal addition to the Nordson portfolio and will leverage the business’s profitable growth beyond its primary domestic markets served and into general industrial markets.”