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

• 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.

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