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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.
ESCO Technologies Inc. has entered into an agreement to acquire I.S.A Altanova Group S.R.L., a supplier of electrical equipment condition testing and monitoring technologies, for an undisclosed amount. The transaction is subject to Italian regulatory approval and expected to close within 45 days.