Nova Ltd. Completes Acquisition of Sentronics

TL;DR

Nova Ltd. just bought Sentronics, deal closed Feb 3, 2025.

AI Summary

On February 3, 2025, Nova Ltd. announced the completion of its acquisition of Sentronics. This filing is a Form 6-K report for the month of February 2025, indicating Nova Ltd. is a foreign private issuer filing under the 1934 Act.

Why It Matters

This acquisition signifies a strategic move by Nova Ltd. to expand its operations or market presence through the integration of Sentronics' business.

Risk Assessment

Risk Level: low — The filing is a routine report of a completed acquisition and does not contain information that inherently increases risk.

Key Players & Entities

• Nova Ltd. (company) — Registrant and acquirer
• Sentronics (company) — Acquired company
• February 3, 2025 (date) — Date of filing and acquisition completion

FAQ

Key Financial Figures

• $60 m — transaction is valued at approximately $60 million, paid in cash. The Company expect

Filing Documents

• zk2532634.htm (6-K) — 17KB
• image0.jpg (GRAPHIC) — 23KB
• 0001178913-25-000280.txt ( ) — 50KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 3, 2025 NOVA LTD. (Registrant) By: /s/ Guy Kizner Guy Kizner Chief Financial Officer Company Contact: Guy Kizner, Chief Financial Officer Tel: +972-73-229-5760 E-mail - investors@novami.com Nova website link - https://www.novami.com/ Investor Relations Contact: Miri Segal MS-IR LLC Tel: +917-607-8654 E-mail - msegal@ms-ir.com Nova Completes Acquisition of Sentronics REHOVOT, Israel, February 3, 2025—Nova (Nasdaq: NVMI) announced today that it completed the acquisition of Sentronics Metrology GmbH, a privately held company headquartered in Germany. The transaction is valued at approximately $60 million, paid in cash. The Company expects the acquisition to be accretive on a non-GAAP net earnings basis within 12 months of closing. The company is now focusing on post-merger integration execution. Sentronics Metrology GmbH is a global provider of wafer metrology tools for backend semiconductor fabrication. The company develops flexible and modular metrology tools equipped with multiple metrology sensors for a variety of critical dimension applications, including thickness, roughness and topography. The addition of Sentronics' modular dimensional metrology technology to Nova's dimensional metrology portfolio will enable Nova to diversify its offering in the rapidly growing field of advanced wafer level packaging and specialty devices. Sentronics portfolio expands Nova's presence into a broader range of applications and wafer sizes and types beyond 300mm silicon wafers. Along with Nova's Optical CD Stand Alone and Integrated Metrology, Nova can offer its customers a complete portfolio for critical applications in both backend and frontend fabrication processes. "Bringing Sentronics Metrology into our midst supports our long-term vision

Forward-Looking Statements

Forward-Looking Statements This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding, but not limited to, anticipated growth opportunities and projections about our business and its future revenues, expenses and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: increased information technology security threats and sophisticated computer crime; foreign political and economic risks including supply-chain difficulties; regulations that could restrict our operations such as economic sanctions and export restrictions; changes in U.S. trade policies; indirect effects of the Russia – Ukraine conflict; market instability including inflation and recessionary pressures; risks related to doing business with China; catastrophic events; inability to protect our intellectual property; open source technology exposure, including risks related to artificial intelligence; failure to compete effectively or to respond to rapid technological changes; consolidation in our industry; difficulty in predicting the length and strength of any downturn or expansion period of the market we target; factors that adversely affect the pricing and demand for our product lines; dependency on a small number of large customers; dependency on a single manufacturing facility per product line; dependency on a limited number of suppliers; difficulty in integrating current or future acquisitions; lengthy sales cycle a

View Full Filing

View this 6-K filing on SEC EDGAR