Nordson Corporation (NasdaqGS:NDSN) acquired extrusion die business from Kodama Chemical Industry Co. Ltd. (TSE:4222) for $1.3 million in cash on November 8, 2012. Out of the total consideration $1.2 was paid in cash and $0.1 is the holdback amount. Nordson will establish a new division known as Nordson EDI Japan. Hidemaro Takehara, head of Kodama's sales team will be General Manager of Nordson EDI Japan. Selected Kodama employees are expected to join Nordson EDI Japan. Robert J. Martino of Martino Communications acted as PR advisor for Nordson Corporation.


Nordson Corporation (NasdaqGS:NDSN) completed the acquisition of extrusion die business from Kodama Chemical Industry Co. Ltd. (TSE:4222) on November 8, 2012.