# ESCO Technologies completes acquisition of Altanova and Phenix Technologies

ESCO Technologies Inc. completed the acquisition of I.S.A Altanova Group S.R.L. on July 29, 2021, and acquired the assets of Phenix Technologies, Inc. on August 9, 2021. Both companies will combine with ESCO's Utility Solutions Group to create a stronger global platform for growth in the power and utility markets.

- Type: Acquisition
- Announced: 2021-08-09
- Where: Accident, Maryland, United States
- Status: completed
- Products: high voltage test systems, power test equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ESCO Technologies](https://endata.com/companies/2084.md) (acquirer)
- [I.S.A Altanova Group S.R.L.](https://endata.com/companies/55312.md) (target)
- [Phenix Technologies, Inc.](https://endata.com/companies/56964.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/esco-announces-acquisition-of-two-companies-for-the-utility-solutions-group-2021-08), 2021-08-09: "These two leading assets in the power and utility markets will combine with ESCO’s existing Utility Solutions Group (USG) business to create a stronger and more global platform for growth."

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