GLOBAL TECHNOLOGIES acquires NOVARES GROUP (2025)

Deal facts

Buyer: GLOBAL TECHNOLOGIES
Target: NOVARES GROUP
Deal value: Not disclosed
Announced: 11 February 2025
Status: In review
Sector: Industrials
Country: Not stated
Consideration: Not stated

Sources

EU_DG_COMP

What we know

More M&A Tools

Explore the Toolkit

Tools, frameworks and AI assistants designed for entrepreneurs serious about M&A.

Access now

Deal timeline

1 update

5 Mar 2025CMA invitation to comment
GLOBAL TECHNOLOGIES / NOVARES GROUP
GLOBAL TECHNOLOGIES / NOVARES GROUP
EU DG COMP

OpinionExit Mode editorial

We see a clear signal in the strategic acquisition of Novares Group by Global Technologies, announced on 11 February 2025. Both entities operate within the Industrials sector, a space where consolidation often follows periods of fragmented growth. The deal remains in review, which is a standard but critical phase for transactions of this nature. For the SME founder watching from the sidelines, this movement highlights how established players are actively seeking to absorb capabilities rather than build them organically. The absence of a disclosed value or currency at this stage is not unusual, yet it underscores that the primary focus right now is on regulatory clearance and structural alignment rather than immediate market pricing.

The fact that the transaction is currently in review suggests that competition authorities will scrutinise the combined entity. In the UK and EU, a merger between two industrial firms of this scale typically triggers a CMA review or an equivalent EU competition assessment. We must assume that change-of-control covenants will be tested and that any anti-trust thresholds will be carefully examined before the deal can proceed. This is not a hurdle to be feared but a mechanism to be understood. The lack of a public valuation figure means the parties are likely still negotiating the final mechanics, including potential escrow arrangements or earn-out contingencies that protect both sides if regulatory conditions alter the business landscape.

Our view is that this deal exemplifies the current reality for industrial founders: strategic buyers are moving fast, but the path to completion demands rigorous preparation. The SME founder should not wait for a buyer to approach with a clean slate. Instead, you must proactively map your own regulatory exposure and understand how your commercial contracts handle a change of ownership. If your business operates in a sector where market share is concentrated, you need to know which thresholds might trigger a review before you even sign a letter of intent.

Action this week: Gather your top five commercial contracts and identify every clause that mentions change of control, termination rights, or regulatory approval. If any of these terms are vague or missing, flag them for legal review immediately so you are ready when a strategic conversation begins.

Editorial opinion. Not financial or legal advice.

Explore

Browse adjacent archives

Jump from this deal into the sector, buyer, deal type, and year views that carry the strongest contextual signal.

More Industrials deals More 2025 deals More strategic acquisition deals More from GLOBAL TECHNOLOGIES All M&A deals

Similar deals

Other Industrials M&A activity tracked by Exit Mode.

Not statedClearedIndustrials

Constellation Developments Limited to acquire ABVR Holdings Limited

Constellation Developments Limited has agreed to acquire ABVR Holdings Limited in a strategic acquisition within the motor industry sector. The transaction structure inv…

Buyer: Constellation Developments Limited
Target: ABVR Holdings Limited
Deal value: Not disclosed
Deal type: strategic acquisition

Read deal Industrials deals strategic acquisition deals Completed deals

1 September 2026CompletedIndustrials

Mkango Resources Ltd. to acquire Remloy

Mkango Resources Ltd has agreed to acquire Remloy in a strategic acquisition valued at eight million euros. The Canadian listed entity is purchasing the German industria…

Buyer: Mkango Resources Ltd.
Target: Remloy
Deal value: EUR 8,000,000
Deal type: strategic acquisition

Read deal Industrials deals strategic acquisition deals Germany deals

20 August 2026CompletedIndustrials

AB Dynamics plc to acquire eMpulse Test Systems LLC

AB Dynamics plc has agreed to acquire eMpulse Test Systems LLC in a strategic acquisition valued at $12.8 million. The transaction involves a headline offer consideratio…

Buyer: AB Dynamics plc
Target: eMpulse Test Systems LLC
Deal value: USD 12,800,000
Deal type: strategic acquisition

Read deal Industrials deals strategic acquisition deals United States deals

16 August 2026In reviewIndustrials

PARTNERS GROUP to acquire AVK

PARTNERS GROUP has agreed to acquire AVK in a strategic acquisition within the Industrials sector. The transaction was announced on 16 August 2026. This move marks a sig…

Buyer: PARTNERS GROUP
Target: AVK
Deal value: Not disclosed
Deal type: strategic acquisition

Read deal Industrials deals strategic acquisition deals In review deals

10 August 2026Firm intentionIndustrials

Ashington Innovation plc to acquire WMG Group

Ashington Innovation plc has agreed to acquire WMG Group, a firm operating within the Industrials sector in Singapore. The strategic acquisition, announced on 10 August…

Buyer: Ashington Innovation plc
Target: WMG Group
Deal value: GBP 160,000,000
Deal type: strategic acquisition

Read deal Industrials deals strategic acquisition deals Singapore deals

Buyer history