What did Nordson Corporation pay for Atrion Corporation?

Nordson Corporation acquired Atrion Corporation for $800.0M in 2024 (19.1x EBITDA), equivalent to 4.40x revenue. Target revenue was approximately $183.3M. Target EBITDA was approximately $41.8M.

What does Atrion Corporation do?

Atrion Corporation is a medical devices business.

What multiple did Nordson Corporation pay for Atrion Corporation?

19.1x EBITDA and 4.40x revenue, based on disclosed deal value of $800.0M and disclosed financials.

M&A TRANSACTION · 2024

Atrion Corporation acquired by Nordson Corporation

$800.0M· 19.1x EBITDA· 4.40x revenue

Target

Atrion Corporation

Acquirer

Nordson Corporation

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$183.3M

EBITDA

$41.8M

Deal Value

$800.0M

EV/EBITDA

19.1x

Context

This $800.0M acquisition of Atrion Corporation by Nordson Corporation sits in the medical devices sub-vertical. The 19.1x EBITDA multiple paid in 2024 can be compared against the population median for medical devices transactions of similar size on our Medical Devices valuation hub. Nordson Corporation is acquiring as a strategic buyer; see how strategic acquirers typically price medical devices businesses on our Medical Devices strategic buyer-pool page.

Source

Data sourced from SEC Fairness Opinion — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

Value your own medical devices

Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.

Compare your business to the Atrion Corporation acquisition.

Citation: ExitValue.ai. (2024). Atrion Corporation acquired by Nordson Corporation. https://exitvalue.ai/deals/atrion-corporation-acquired-by-nordson-corporation-fairness-opi