Add-on Acquisition • Electrical Equipment

Novaerus Acquires Plasma Air International

On June 27, 2016, Novaerus acquired electrical equipment company Plasma Air International

Acquisition Context

This is Novaerus’ 1st transaction in the Electrical Equipment sector.
This is Novaerus’ 1st transaction in the United States.
This is Novaerus’ 1st transaction in Connecticut.

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M&A Deal Summary
Date	June 27, 2016
Target	Plasma Air International
Sector	Electrical Equipment
Buyer(s)	Novaerus
Deal Type	Add-on Acquisition

Target Company

Plasma Air International

Stamford, Connecticut, United States

Plasma Air International, Inc. is a manufacturer of air purification products that result in healthier, more productive indoor environments in institutional, commercial and industrial applications. The company uses highly efficient bipolar ionization technology that supports the engineering community in utilizing ASHRAE's Standard 62.1 IAQ Procedure to reduce outside air intake.

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Buyer Overview 1

Buyer

Novaerus

Dublin, Ireland

Category	Company
Sector	Medical Products

DESCRIPTION

Novaerus is a technology reduces indoor airborne pollutants that lead to infection, allergies, and irritation. Novaerus portable air disinfection units use patented ultra-low energy plasma technology to reduce airborne viruses and bacteria. Novaerus is based in Dublin, Ireland.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Electrical Equipment	1 of 1
Type: Add-on Acquisition	1 of 1
State: Connecticut	1 of 1
Country: United States	1 of 1
Year: 2016	1 of 1

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