Indicor, LLC, a leading industrial company specializing in mission-critical technologies, has reached a definitive agreement to acquire Ovarro in an all-cash transaction. Ovarro is known for its advanced technology solutions in the critical infrastructure monitoring and management sectors, serving a global customer base with water management and process control solutions. This acquisition is part of Indicor’s strategy to enhance its technological capabilities and expand into the water and environmental sectors. Doug Wright, CEO of Indicor, and David Frost, CEO of Ovarro, both highlighted the significant growth opportunities this partnership will bring. The transaction is expected to close within 30 working days, pending regulatory approvals.
Industrial Technology, Water Management, Data Analytics,United States, Global
https://www.newswire.com/news/indicor-announces-acquisition-of-ovarro-us-22419522