Novotek buys 70% stake in Italy’s ServiTecno for EUR 2.97 million

Reuters2026/07/30 13:32

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Novotek bought 70% of Italy-based ServiTecno for an initial purchase price of about EUR 2.97 million on a cash- and debt-free basis.
The price will be adjusted for net financial position; funding comes from existing cash and a revolving credit facility.
ServiTecno reported 2025 revenue of about EUR 6.21 million, EBITDA of EUR 782,000, employing 16 people.
An option structure covers the remaining 30%, exercisable between June 30, 2029 and Dec. 31, 2031.
The deal expands Novotek into Italy; ServiTecno will keep its management team and later rebrand as Novotek Italy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novotek AB published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Novotek buys 70% stake in Italy’s ServiTecno for EUR 2.97 million

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