Announced
Completed
Financials
Tags
Private
Majority
Disposal
Italy
testing equipment
producing
Electronic Equipment: Gauges and Meters
Acquisition
Private Equity
Friendly
Single Bidder
Cross Border
Completed
Synopsis
Nova Ventures, a semiconductor company, completed the acquisition of Controls, a supplier of laboratory and on-site precision testing equipment, from private equity firm Wise Equity. Financial terms were not disclosed. "Controls is the perfect foundation to our new Nova Measurements platform focused on metering, monitoring, and measuring technologies. We look forward to working with the Controls management team and continuing the company’s mission, vision, and values ensuring its continued growth and success by expanding its product portfolio and global footprint," Jim Barbookles, Nova Measurements Chairman and CEO.
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