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Baldwin to Acquire Nordson UV

June 21, 2010

The acquisition will expand Baldwin’s product offerings in graphic arts.

Baldwin Technology Company (NYSE Amex: BLD), a manufacturer of process automation technology for the printing industry, has agreed to purchase Nordson UV Ltd., a wholly owned subsidiary of Nordson Corporation that provides UV curing systems used in the graphic arts. Nordson will retain its industrial UV curing product lines.

Baldwin President and CEO Karl Puehringer says: “We have had a mutually beneficial alliance with Nordson for several years, so this combination is a logical step in that relationship. Adding UV capabilities to the Baldwin product portfolio is exciting, because the technology is complementary to Baldwin’s, and it will enable our customers to partner with a single source for both IR drying and UV curing on both offset and digital printing.”

“Nordson UV has a strong position in the UV graphic arts market segment, selling products under the Nordson UV, Horizon and Primarc brand names,” Puehringer adds. “The demand for UV applications has been growing in both traditional offset printing and the expanding digital inkjet space, due to the variety of finishes and special effects UV curing provides, the instant curing ability, improved quality of the printed product and the environmentally-friendly absence of VOC emissions.”

The Nordson UV business will add 79 employees based at the Slough, England, headquarters operation, the Horizon Lamps manufacturing location and in sales and service operations in other locations around the world.

The transaction is expected to close by June 30. Nordson UV Limited will be renamed Baldwin UV Limited and will do business under the Baldwin UV, Horizon and Primarc brand names. Other terms of the deal were not disclosed.


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