Novotek completed the acquisition of 70% stake in Taschek & Gruber.

Novotek, an IT service management company, completed the acquisition of 70% stake in Taschek & Gruber, an automation and factory IT services. Financial terms were not disclosed. "We are now presented with new opportunities to enhance our offerings in the DACH region and the OEM market. T&G’s unique expertise can be leveraged across other countries within the Novotek group. This strategic move will strengthen and expand Novotek’s offerings in all our current markets," Tobias Antius, Novotek Managing Director and CEO.