Nordson MEDICAL Completes Divestiture of Select Contract Manufacturing Products, Narrowing its Focus on Proprietary Medical Components
(NASDAQ:NDSN) WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq: NDSN) has completed the divestiture of select product lines within its medical contract manufacturing business to Quasar Medical. “This divestiture allows Nordson MEDICAL to focus on its higher value growth opportunities within our $800 million medical and fluid solutions segment. This includes our growing portfolio of proprietary medical components, including balloons, cannula, nitinol devices and the recently acquired Atrion produc
Related Questions
How will the divestiture affect Nordson's revenue guidance and profit margins in upcoming quarters?
What are the financial terms of the sale to Quasar Medical and how will the proceeds be allocated by Nordson?
How does this strategic focus on proprietary medical components position Nordson relative to its competitors in the medtech space?