Nordson Corporation has acquired EDI (Extrusion Die Industries) Holdings for US$200m and described it as a “clear fit with our strategy of acquiring companies that provide differentiated precision technology.”
The US share of the global flexible packaging market will decrease as emerging markets such as India and China continue to grow at a “staggering” rate, according to an industry analyst.
The Middle East and African flexible packaging industry, which accounts for around 5% of the world market, has the potential to experience the same significant growth as India, according to an industry report.
