Nordson Corporation expands with acquisition of balloon catheter specialist
Nordson Corporation has agreed a deal to acquire Clada Medical Devices with the terms of the deal not disclosed.
As a result, Ireland-based Clada will become part of the Nordson medical product line within its advanced technology systems segment, with Nordson aiming to grow within the minimally invasive medical device market.
With Clada’s design and development track record primarily focussed on balloons and balloon catheters, Nordson is expecting to provide:
- Expanded balloon and balloon catheter capabilities
- Combined expertise of well-established teams
- Broader design, development & manufacturing capabilities
- Further expansion in Ireland serving global customers
Jeffrey Pembroke, executive vice president of Nordson Advanced Technology Systems – fluid management said: “Clada enhances Nordson Medical’s design and development capabilities, which further supports our position as a leading full-device solution and component manufacturing resource for OEM’s across the interventional and surgical medical device landscape.
“We are excited to welcome the Clada associates to the Nordson Medical family. We look forward to integrating their engineering expertise and enhancing our medical device offerings.”