Nordson Corporation acquires ACE

January 17, 2017

ACE Production Technologies, Inc., a leading supplier of selective soldering systems, is pleased to announce that Nordson Corporation (NASDAQ: NDSN) has acquired ACE Production Technologies, Inc. Founded in 2005 and employing a staff of approximately 50 people, ACE will operate as a new line of business within Nordson’s Advanced Technology Systems segment. The engineering and manufacturing operations together with the customer support function of ACE will remain in Spokane Valley, Washington and will report to Peter Bierhuis, Vice President – Nordson Advanced Technology, Process Systems. ACE founder Alan Cable has been retained as a consultant to the company and will continue in the role of product development and process engineering. Mr. Cable will also contribute in an advisory role to assure the company’s continuity and success. “ACE customers can be assured they will continue to enjoy the same high quality products, application expertise and excellent service and support they have come to expect from ACE,” said Peter Bierhuis. “The ACE sales and customer service contacts remain unchanged and will be staffed by the same support team personnel.” “Nordson is a company that has grown in part by acquiring companies that are strong performers with superior technology, exceptional products and first-class service,” stated Mr. Bierhuis. “ACE is an outstanding company that clearly fits this profile. Nordson has a long track record of adding value to the companies it acquires, and we look forward to providing investment and additional support that will help ACE continue to benefit its domestic and global customers and serve these customers at the highest levels.” “From a market perspective, the acquisition of ACE makes both Nordson and ACE stronger,” said Peter Bierhuis. “Nordson has a specific focus in the global electronics assembly market with well-known Nordson ASYMTEK, DAGE, DIMA, EFD, MARCH, MATRIX and YESTECH brands. ACE adds to our ability to provide our worldwide customers with high value solutions as a result of the ACE and Nordson synergy.” “ACE’s selective soldering solutions are adjacent and highly complementary to Nordson’s existing conformal coating, optical inspection and X-ray inspection solutions and are sold to the same set of customers,” said Bierhuis. “We expect to leverage Nordson’s global footprint to accelerate ACE’s growth beyond its strong current presence in North America.”

[Official Press Release]