Announced

CDPQ and Novacap-backed Previan to demerge Eddyfi Technologies and NDT Global.

Synopsis

CDPQ and Novacap-backed Previan, a privately held industrial technology group, is set to demerge Eddyfi Technologies and NDT Global into two independent and autonomous entities. Financial terms were not disclosed. “This is an exciting moment for our group. By empowering Eddyfi Technologies and NDT Global to operate independently, we are enabling each to pursue their own focused growth strategies, including executing on their attractive innovation pipelines, capitalizing on M&A opportunities, and better serving their respective customers and markets," Martin Thériault, Previan Founder and CEO.

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MergerLinks - CDPQ and Novacap-backed Previan to demerge Eddyfi Technologies and NDT Global.