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Summary
Gefran signed an agreement to acquire 100% of Novuspar Participações Societárias Ltda. and its group, which operates the NOVUS brand in industrial automation. The deal values the Brazilian company at R$ 215 million and should close within 180 days, subject to standard conditions. NOVUS brings industrial automation and industrial IoT solutions for sectors including food, pharma, energy, infrastructure, and manufacturing. Gefran expects the acquisition to expand its Latin American presence and strengthen its portfolio in instrumentation, monitoring, automation, software, and cloud technologies.
AskAI Classifications
Sectors
Manufacturing Industry
Shop Floor Control
Asset Management and Predictive Maintenance
Functions
Developer and IT Infrastructure
Development Platforms
Linked Companies
Gefran S.p.A.
$50M to $100M