Nordson Corporation announced it has completed the acquisition of Münster, Germany based Kreyenborg Group’s Kreyenborg GmbH and BKG Bruckmann & Kreyenborg Granuliertechnik GmbH companies. The completion of the transaction follows Nordson’s July 18 announcement that it had entered into an agreement to acquire the businesses.
“These high quality properties add to our portfolio of highly engineered melt stream components and enhance our ability to serve our OEM machine builder customers in plastic extrusion markets, ultimately helping them to deliver the highest value and system performance to their end users,” said Nordson President and Chief Executive Officer Michael F. Hilton. “The new businesses also bring product solutions that expand Nordson’s addressable market to include plastic compounding, recycling and related applications. We are pleased to welcome the employees of Kreyenborg and BKG to Nordson and are excited by the many opportunities we see for continued profitable growth.”