ALTANOVA Group

Taino, Italy Founded: 1938 • Age: 88 yrs Acquired By ESCO Technologies
Testing and monitoring services for electrical assets are provided.
Annual revenue $2.3M Latest available
Total funding - 1 rounds
Employees 12 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About ALTANOVA Group

ALTANOVA Group is a company based in Taino (Italy) founded in 1938 by Gino Amadi was acquired by ESCO Technologies in May 2021. The company has 12 employees as of April 07, 2024. ALTANOVA Group offers products and services including Condition Monitoring and Electrical Test Instruments.

  • Headquarter Taino, Italy
  • Employees 12 as on 07 Apr, 2024
  • Founders Gino Amadi
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Altanova India Private Limited
  • Date of Incorporation 13 Sep, 2012
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.3 M (USD)
    -10.08
    as on Mar 31, 2023
  • Net Profit
    -$112.09 K (USD)
    58.66
    as on Mar 31, 2023
  • EBITDA
    -$141.95 K (USD)
    -3.72
    as on Mar 31, 2023
  • Latest Funding Round
    $1.02 M (USD), Grant

    Oct 01, 2022

  • Investors
  • Employee Count
    12

    as on Apr 07, 2024

  • Acquired by
    ESCO Technologies

    & 1 more

    (May 20, 2021)

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Products & Services of ALTANOVA Group

ALTANOVA Group offers a comprehensive portfolio of products and services, including Condition Monitoring and Electrical Test Instruments.

Product name locked
Category locked
Primary

Monitoring of circuit breakers, transformers, and other substation assets is performed using specialized tools.

Product name locked
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Instruments for testing power transformers, cables, and rotating machines are supplied for diagnostic purposes.

Funding Insights of ALTANOVA Group

Investors in ALTANOVA Group

ALTANOVA Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ESCO Technologies, European Union and Itago Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Italian SMEs are supported through private equity investments by Itago Partners.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Manufactures filtration and fluid control products
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Investor details for ALTANOVA Group

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Investments & Acquisitions by ALTANOVA Group

Investments
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Investment portfolio details for ALTANOVA Group

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Financial Statements - ALTANOVA Group

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Detailed financials for ALTANOVA Group

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Altanova Group Comparisons

ALTANOVA Group Primary company
Description
Testing and monitoring services for electrical assets are pr...
Location
Taino, Italy
Founded Year
1938
Annual Revenue
$2.3 M (USD)
Net Profit
-$112.09 K (USD)
EBITDA
-$141.95 K (USD)
Employees
12
As of 2024
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Peer comparison for ALTANOVA Group

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Competitors of ALTANOVA Group

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Detailed competitors of ALTANOVA Group

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Latest news on Altanova Group

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Frequently Asked Questions about ALTANOVA Group

ALTANOVA Group was founded in 1938 and raised its 1st funding round 84 years after it was founded.

ALTANOVA Group is headquartered in Taino, Italy. It is registered at Taino, Lombardy, Italy.

Gino Amadi is the current CEO of ALTANOVA Group. They have also founded this company.

As of Apr 07, 2024, the latest employee count at ALTANOVA Group is 12.

Annual revenue of ALTANOVA Group is $2.3M as on Mar 31, 2023.

ALTANOVA Group was founded in 1938 and is headquartered in Taino, Italy. Operations focus on the electrical sector, where testing and monitoring services for various assets are delivered. These services support asset management and reliability in power systems. The company serves clients across Europe and beyond, with expertise in diagnostic tools and condition assessment techniques. Leadership is provided by Gino Amadi as founder and CEO.

ALTANOVA Group offers Condition Monitoring and Electrical Test Instruments.

ALTANOVA Group has 3 investors. Key investors include ESCO Technologies, European Union, and Itago Partners.

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