M&A Deal Summary

Nova Instruments Acquires Stresstech

On April 6, 2017, Nova Instruments acquired test/measurement equipment company Stresstech

Acquisition Highlights
  • This is Nova Instruments’ 6th transaction in the Test/Measurement Equipment sector.
  • This is Nova Instruments’ 1st transaction in Finland.

M&A Deal Summary

Date 2017-04-06
Target Stresstech
Sector Test/Measurement Equipment
Buyer(s) Nova Instruments
Deal Type Add-on Acquisition

Target

Stresstech

Vaajakoski, Finland
Stresstech is a provider in residual stress measurement solutions, from handheld sensors to robotic inspection systems. Stresstech’s X-ray diffraction-based analyzers and goniometers are capable of determining retained austenite content and furthering the range of inspection applications into ceramics. Stresstech was founded in 1983 and is based in Vaajakoski, Finland.

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Buyer(S) 1

Buyer

Nova Instruments

Woburn, Massachusetts, United States

Category Company
Founded 2010
Sector Test/Measurement Equipment
DESCRIPTION

Nova Instruments serves the global test and measurement market through a portfolio of companies that provide instrumentation and solution sets for analysis, calibration, control, measurement and monitoring in various applications. Nova Instruments was founded in 2010 and is based in Woburn, Massachusetts.


DEAL STATS #
Overall 6 of 6
Sector: Test/Measurement Equipment M&A 6 of 6
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Finland M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-12 Technology Design

Winsford, United Kingdom

Technology Design Ltd. specializes in the design, development and manufacture of ultrasonic Phased Array, ToFD and Pulse Echo data acquisition systems and has gained a reputation for its outstanding customer service, meeting the requirements of clients from a variety of industries including Petro-Chemical, Power Generation, Aerospace and Education.

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