Recent Updates — NDSN
Nordson Corporation completed its acquisition of Contrinex Holding SA, a Swiss manufacturer of inductive, photoelectric, and smart measurement sensors. The transaction was executed by Nordson London Limited for an enterprise value of approximately $168 million USD. Contrinex generates roughly $50 million in annual revenue and employs nearly 500 people. Its technology portfolio supports factory automation, machine control, and harsh-environment positioning applications. The acquired business will be integrated into Nordson’s Advanced Technology Solutions segment to expand the company's industrial sensing capabilities.
Nordson Corporation reported record third quarter fiscal 2026 results, with sales reaching $818 million, a 10% year-over-year increase. Diluted earnings per share were a record $2.73, up 23%, while adjusted diluted EPS reached $3.25, a 19% increase. The company increased its full-year fiscal 2026 sales guidance to $3,035–$3,075 million and adjusted earnings per share guidance to $11.80–$12.00. Nordson operates in the precision technology industry, providing equipment for industrial, medical, and electronics applications.