Announced
Completed
Financials
Tags
Single Bidder
condition assessment technologies
Private
Italy
Acquisition
Majority
Specialty Contracting
Friendly
Cross Border
Completed
Synopsis
ESCO Technologies, a global provider of highly engineered products, completed the acquisition of Altanova, a supplier in the field of advanced condition assessment technologies centered around partial discharge measurement and analysis. Financial terms were not disclosed. "I’m excited to welcome the outstanding and dedicated employees of Altanova to our team, and I’m pleased that Gino has agreed to remain with the company, post-closing. I look forward to working with Gino as he has successfully grown and managed this outstanding company for many years and I’m certain his future contributions will be meaningful," Vic Richey, ESCO Chairman and CEO.
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