Atrion Corporation Enters Into Merger Agreement with Nordson Corporation

May 28, 2024

https://www.globenewswire.com/news-release/2024/05/28/2888911/0/en/Atrion-Corporation-Enters-Into-Merger-Agreement-with-Nordson-Corporation.html

ALLEN, Texas, May 28, 2024 (GLOBE NEWSWIRE) — Atrion Corporation (NASDAQ:ATRI), a developer and manufacturer of products primarily for medical applications, today announced that it has entered into an agreement and plan of merger with Nordson Corporation pursuant to which Nordson will acquire Atrion for $460 per share in cash, representing a total equity value of approximately $815 million. The transaction enterprise value reflects a multiple of 20.2 times Atrion’s 2023 EBITDA, and the $460 per share price represents a 15% premium to Atrion’s 90-day average daily volume-weighted average stock price.

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