# Innova Global acquires intellectual property assets of Express Integrated Technologies

Innova Global Limited acquired the liquidated intellectual property and manufacturing assets of Express Integrated Technologies (EIT) at an Oklahoma bankruptcy auction, gaining EIT's product range for the oil sands industry including OTSGs, HRSGs, and SAGD boilers.

- Type: Acquisition
- Announced: 2017-01-31
- Where: St. George, Utah; Lotus Grove, Oklahoma, United States
- Jobs: 20
- Status: completed
- Products: Once-Through Steam Generators, Heat Recovery Steam Generators, Steam Assisted Gravity Drainage Boilers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Innova Global Limited](https://endata.com/companies/22204.md) (acquirer)
- [Express Integrated Technologies](https://endata.com/companies/22205.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/innova-sharpens-focus-on-canadas-heavy-oil-sector-following-acquisition-of-eits-ip-613710663.html), 2017-02-14: "Innova was selected as the successful bidder for EIT's intellectual property and manufacturing assets at an auction in the Oklahoma Bankruptcy Court in late January."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.