Advanced Integration Technology Acquires Nova-Tech Engineering
December 22, 2016
Advanced Integration Technology (AIT) announced an investment to acquire Nova-Tech Engineering, a Lynnwood, Washington-based designer and integrator of aerospace assembly automation, materials handling and friction-stir welding equipment. Nova-Tech will operate as a distinct business line within AIT, expanding AIT’s aerospace automation capabilities and international footprint; financial terms were not disclosed.
- Buyers
- Advanced Integration Technology (AIT)
- Targets
- Nova-Tech Engineering
- Industry
- Aerospace & Defense
- Location
- Washington, United States
- Transaction Type
- Buyout
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