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Akanksha Bakshi

Nordson To Acquire Precision Control Systems Firm ARAG For $1B

The Nordson Corporation logo is seen displayed on a smartphone and pc screen. Nordson Corporation to acquire ARAG Group and its subsidiaries. PAVLO GONCHAR/SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES

Nordson Corporation has agreed to acquire ARAG Group and its subsidiaries in an all-cash transaction for €960 million (US$1 billion).

ARAG is a global market and innovation leader in the research, production, and supply of precision control systems and smart fluid components for agricultural spraying, with headquarters in Rubiera, Italy.

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