Nova Analytics manufactures laboratory, field, portable, and on-line analytical instruments used in water and wastewater, environmental, medical, and food and beverage applications. Nova brands include WTW, SI Analytics, Aanderaa and Global Water.
Headquartered in Woburn, Massachusetts, Nova Analytics employs approximately 725 people in Germany, Norway, France, the UK, the US and China and had global revenues of approximately US$135 million in 2009.
“This acquisition fits perfectly with ITT’s strategy to expand into categories adjacent to our core businesses and build on our global leadership positions in water, wastewater and industrial process, and products for the food & beverage market,” explained Gretchen McClain, president of ITT Fluid and Motion Control group. “Nova offers ITT a collection of leading brands and technologies, robust distribution, and a strong platform in the US$6 billion analytical instrumentation market from which to establish a new growth platform for the corporation.”
McClain sees the acquisition as a natural extension of ITT’s US$4.7 billion Fluid and Motion Control business, which already includes Flygt, Sanitaire, Jabsco, Totten, Goulds, Bell & Gossett, Lowara, WEDECO and Leopold.