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M&A Deal Summary

Hoyer Acquires NowiTek

On December 17, 2024, Hoyer acquired software company NowiTek

Acquisition Highlights
  • This is Hoyer’s 1st transaction in the Software sector.
  • This is Hoyer’s 1st transaction in Denmark.

M&A Deal Summary
Date 2024-12-17
Target NowiTek
Sector Software
Buyer(s) Hoyer
Deal Type Add-on Acquisition

Target

NowiTek

Brønderslev, Denmark
NowiTek is an automation solutions developer specialising in scalable SCADA platforms and PLC-programming. NowiTek was founded in 1974 and is based in Brønderslev, Denmark.

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Buyer(S) 1

Buyer

Hoyer

Hadsten, Denmark
Category Company
Founded 1974
Sector Machinery
DESCRIPTION

Hoyer is a provider of high-performance and energy-efficient electric motors, drives, and control systems. Hoyer was founded in 1974 and is based in Hadsten, Denmark.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Denmark) 1 of 1
Year (2024) 1 of 1
Mergr

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