ITT Completes Acquisition of Nova Analytics

Leading water transport and treatment specialist ITT Corporation has concluded the transfer of Nova Analytics into its group structure extending its portfolio of laboratory, field, portable, and on-line analytical instruments used in water and wastewater, environmental, medical, and food and beverage applications. Acquired brands such as WTW®, SI Analytics®, Aanderaa®, ebro®, Bellingham + Stanley® and Global Water®, will expand ITT’s presence in categories adjacent to its core businesses and build on global leadership positions in key markets.

“We’re excited to offer Nova’s portfolio of recognised testing and instrumentation brands alongside our own in the fluid technology and food and beverage spaces, enabling us to build a strong platform in the $6 billion global analytical instrumentation market," said Gretchen McClain, President of ITT Fluid and Motion Control. "Combining Nova’s branded instrument and sensor portfolio with our current offerings will allow us to better address all of ITT’s and Nova’s customers’ operating and monitoring needs, and assist them in optimising and controlling their operating and construction expenses."

Nova employs approximately 725 people in Germany, Norway, France, the United Kingdom, the United States, and China, and generated pro forma full year global revenues of approximately US$135 million in 2009.