inTEST Corporation Acquires Alfamation S.p.A.
March 12, 2024
inTEST Corporation (NYSE: INTT) has acquired Alfamation S.p.A., a Milan-based provider of automated test and measurement solutions for automotive, life sciences and specialty consumer electronics markets. The acquisition will join Alfamation with inTEST's Electronic Test division, expanding inTEST's product portfolio, engineering talent and European footprint; Alfamation generated approximately $25 million in revenue in 2023.
- Buyers
- inTEST Corporation
- Targets
- Alfamation S.p.A.
- Industry
- Manufacturing
- Location
- Lombardy, Italy
- Transaction Type
- Buyout
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