Novatech acquires TTS Liftec for €5.8M

Denmark-based Novatech ApS completed the acquisition of Finland's TTS Liftec Oy AB from TTS ASA Group for €5.8 million including net cash, plus an earn-out. The acquisition expands Novatech's product portfolio in heavy-duty transportation equipment.

“Denmark-based Novatech ApS has acquired Finland’s TTS Liftec Oy AB from TTS ASA Group in Bergen”worldcargonews.com

• 1 source
• worldcargonews.comNovatech acquires TTS Liftec ‣ WorldCargo NewsWCN EditorialFeb 6, 2017

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