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On April 9, 2024, Averna, a global provider of test and quality solutions, acquired ELCOM, a prominent company in test & measurement, power engineering, and industrial automation, including its subsidiaries RH-Tech s.r.o. and ELTIA s.r.o. François Rainville, Averna's President and CEO, highlighted the acquisition's alignment with Averna’s strategic goals in automotive/EV, energy, and machine vision markets, praising the addition of over 150 new employees to Averna’s workforce. The merger supports Averna’s vision for global automated test service expansion. Dr. Daniel Kaminsky, former ELCOM President, now Vice-President of Averna Czech Republic, along with ELCOM’s management team, became shareholders in Averna, contributing to its growth. Ondrej Benacek of CEIP, ELCOM’s majority shareholder since 2018, remarked on the successful transition and growth of ELCOM, endorsing its acquisition by Averna as a strategic fit. This move increases Averna's global employee count to over 575, bolstering its status as a top test engineering solutions integrator. The transaction details, including the value and legal advisors, were not disclosed in the announcement.
Parties
Company
Averna Technologies Inc.
Company
ELCOM, a. s.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date