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NORDSON ACQUIRES CAPSTANAG, EXPANDING ITS PRECISION AG DIVISION IN NORTH AMERICA


Source: Nordson Precision Agriculture news release

Westlake, OH -- Nordson Precision Agriculture, which includes the innovative ARAG product line, announces the acquisition of CapstanAG, a leading U.S. agriculture technology company based in Topeka, Kansas.

Built on a long history of innovation, CapstanAG is known for its Pulse Width Modulation (PWM) technology that pioneered and revolutionized the efficiency of liquid distribution through nozzle-by-nozzle control for the agriculture spraying industry. The company's advanced solutions significantly improve application effectiveness and reduce waste in row crops, orchards, seeding operations and aerial sprayers.

"The acquisition of CapstanAG represents a strategic step in our growth journey," said Daniel Neves, vice president of Nordson Precision Agriculture. "CapstanAG strengthens our portfolio of fluid-management solutions and increases our presence in the North American market, further expanding our ability to support customers with cutting-edge technologies."

"The combination of CapstanAG and ARAG will be beneficial to our customers and employees by having access to global infrastructure," said Jeff Grimm, director of operations at CapstanAG. "In addition, access to world-class components and manufacturing capabilities will allow us to better serve our customers."

CapstanAG brings highly specialized expertise and direct proximity to leading manufacturers and operators in the North American agricultural industry. Its entrepreneurial culture and strong customer focus are fully aligned with the growth objectives pursued by Nordson's Ascend strategy.

"The integration of CapstanAG with our existing ARAG technology will enable us to serve customers with an even more comprehensive and technologically advanced offering," added Daniel Neves. "Together, we will continue to pursue our strategic goals: serving our customers, strengthening leadership in key markets and delivering products and services of the highest quality. This is a strategic integration that aligns vision, capabilities and customer-centric cultures."

With this acquisition, Precision Agriculture confirms its international expansion strategy and its role as a key player in the development of increasingly intelligent, sustainable and precision oriented technologies.


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