Nova Ventures Group Corp (US), through their Nova Measurements (“NM”) platform, has acquired VJ Tech Limited, a private UK company.
VJ Tech Limited, headquartered in Reading, UK, develops and manufactures high quality instruments for soil, rock, concrete, and asphalt testing across construction, civil infrastructure, and geotechnical markets.
Nova Measurements (“NM”) is Nova’s third investment platform (after Nova Instruments and Nova Metrix). In December 2019, NM acquired Controls Srl, the global leader in the design, manufacture, and supply of laboratory and on-site precision testing equipment for the construction and civil engineering industries. VJ Tech is the first add-on acquisition for the NM platform.
Financial details of the transaction are not disclosed.
EC M&A acted as the exclusive financial advisor to Nova on this transaction.
