Addtech completed the acquisition of a 90% stake in Novatech Analytical Solutions.

Addtech, a technical solutions group, completed the acquisition of a 90% stake in Novatech Analytical Solutions, a supplier of analytical instrumentation, engineered systems and services. Financial terms were not disclosed. "This transaction brings numerous benefits to Novatech, allowing us to pursue our growth and market positioning in Canada. By joining the Addtech family, Novatech gains access to the resources and support needed to thrive in the competitive sector of supplying, developing, integrating, and servicing gas and liquid analyzers for the process and energy industries in North America," Karl Corriveau, Novatech President.