Nordson completes Contrinex buy to bolster industrial sensing

Nordson Corporation has acquired Contrinex, a global technology leader in high-performance sensors for factory automation. The deal adds technology for harsh-environment and miniature precision-positioning applications and brings in nearly 500 employees. Financial terms were not disclosed in the announcement.

Why it matters: The acquisition complements Nordson's test and inspection portfolio and expands its reach in industrial sensing and automation.