Alcuin Capital is pleased to announce that portfolio company ITI Group has acquired nuclear engineering services specialist Noveum Ltd.
This strategic move is set to expand ITI Group’s footprint in the civil and defence nuclear enterprise sectors, enhancing ITI Group’s ability to deliver comprehensive solutions to meet the growing demands of these critical industries.
Dominic Murphy, ITI Group’s CEO, shared his enthusiasm, “We’re delighted to welcome the Noveum team to ITI Group. We have long admired the business and the reputation it has developed in the nuclear sector. Having been proud to support national critical infrastructure for over 50 years, ITI Group and now with Noveum, offer a complete service to these sectors where growth is accelerating’’.
