Curtiss-Wright Corporation today announced the acquisition of Novatronics Inc for approximately approximately $13.5 million. Novatronics will operate as a business unit of Curtiss-Wright Controls Inc, a subsidiary of Curtiss-Wright Corporation.
Novatronics designs and manufactures electric motors and position sensors, both linear and rotary, for the commercial aerospace, military aerospace and industrial markets.
The company has annual sales of approximately $12 million and employs approximately 145 people at its two locations Stratford, Ontario, Canada, and Plainview, New York.
Novatronics’ products are sold primarily to aerospace customers and include position sensors (LVDT’s, RVDT’s and synchros) and high-end fractional horsepower electric motors. Applications include flight controls, engine controls, environmental control systems and industrial automation.
Earlier this week, Curtiss-Wright Corporation agreed to purchase Dy 4 Systems, Inc, a supplier of commercial-off-the-shelf (COTS) embedded computing solutions for the defence and aerospace markets, from Solectron Corporation for approximately $110 million. The company also acquired Systran Corporation of Dayton, Ohio, for approximately $18 million.
Both companies will operate as a business unit of Curtiss-Wright Controls.