Novuspar Participações Societárias Ltda., holding company of the NOVUS Group (“NOVUS“), a Brazil-based developer and manufacturer of industrial automation solutions, has signed a definitive agreement for the sale of 100% of its share capital to Gefran S.p.A. (“Gefran“), a Borsa Italiana (STAR segment) listed provider of sensors, components and solutions for industrial process automation and control.
About NOVUS
NOVUS is a Brazilian industrial automation group based in Canoas, Rio Grande do Sul. Since 1982, it has developed and manufactured process controllers, sensors, transmitters, data loggers, data acquisition systems and Industrial IoT solutions, supported by a high degree of vertical integration. The group serves customers across the food, pharmaceutical, energy, infrastructure and manufacturing sectors, with a consolidated commercial presence in Brazil and international markets through operations in Argentina and the United States.
About Gefran
Founded in Provaglio d’Iseo (Brescia), Gefran has been designing and manufacturing sensors, components, systems and solutions for process control and management in the plastics, metal and mobile machinery sectors for over fifty years. The Group has approximately 750 employees, including 400 in Italy, and oversees the main international markets through its 9 production sites located in Italy, Brazil, China, India, Switzerland and the United States. Its commercial presence is developed through 14 branches in Italy, France, Germany, Switzerland, the United Kingdom, Belgium, the United States, Brazil, China, Singapore and India, supported by a network of independent distributors throughout the world.
EC M&A acted as exclusive financial advisor to NOVUS on this transaction. This transaction is the second one in Brazil in 2026 and highlights EC M&A’s ability to deliver premium valuations for Brazilian clients through a competitive process involving international strategic buyers.