Novanta Inc

NASDAQ:NOVT   3:59:56 PM EDT
131.87
-3.01 (-2.23%)
Debt Financing / Related, Other Pre-Announcement, Mergers / Acquisitions

Novanta Announces Agreement To Acquire Schneider Electric Motion Usa

Published: 07/12/2021 12:20 GMT
Novanta Inc (NOVT) - Novanta Announces Agreement to Acquire Schneider Electric Motion USA.
Novanta Inc - Deal for $115 Million in Cash.
Novanta Inc - Transaction Will Be Financed Using Available Cash on Hand and Company's Revolving Credit Facility.
Novanta Inc - Acquisition is Expected to Be Accretive to Novanta's Free Cash Flow and Non-GAAP Earnings per Share.