News / News

News

31.05.2007: Nova Analytics Corporation acquires ebro


...and enhances portfolio in the field of temperature, pressure, humidity, and pH measurement

Woburn, MA, November 13, 2006 -
Nova Analytics Corporation is pleased to announce the acquisition of ebro Electronics GmbH & Co. KG (ebro) from KPS Special Situation Funds (KPS).  Headquartered in Ingolstadt, Germany, ebro Electronic GmbH is one of the leading producers of instruments that measure temperature, pressure, humidity, and pH. Its products include robust handheld thermometers, computer thermometers, calibrated thermometers for food inspectors, temperature controllers for the laboratory, hygrometers, pH-meters and data loggers with internal and external sensors for pressure/temperature/humidity, etc, with and without LCD-display, waterproof and pressure-resistant, for almost all applications.

Chris McIntire, President of Nova Analytics commented, The addition of ebro to the Nova Analytics family demonstrates our continued commitment toward acquiring companies with premium products and strong brand names.”
About KPS Special Situations Funds
KPS Special Situations Funds are a family of private equity funds with over $600 million of committed capital focused on constructive investing in restructurings, turnarounds and other special situations.  KPS has created new companies to purchase operating assets out of bankruptcy; established stand-alone entities to operate divested assets; and recapitalized highly-leveraged public and private companies.  The KPS investment strategy targets companies with strong franchises that are experiencing operating and financial problems.  KPS invests its capital concurrently with a turnaround plan predicated on cost reduction, capital investment, and capital availability.  Typically, the KPS turnaround plan is accompanied by a financial restructuring of the company's liabilities.  The KPS investment strategy and portfolio companies are described in detail at the firm’s website: http://www.kpsfund.com/.
About Nova Analytics Corporation
Nova Analytics Corporation
is a worldwide supplier and integrator of analytical instrumentation. Nova's industry experienced management offers extensive knowledge in all aspects of analytical markets which includes design, development, manufacturing and integration of laboratory products and services. Nova acquisitions include, WTW GmbH, a world leader in water quality measurement products, SCHOTT Instruments, a premier manufacturer of high quality laboratory products, SECOMAM, a leader in spectrophotometry equipment for over 50 years, and Sensortechnik Meinsberg, a manufacturer of electrodes and water quality instrumentation.  Further information is available at http://www.novaanalytics.com/.




Files:

« Back