Jan 11 (Reuters) - Novanta Inc NOVT.O
* Novanta increases ownership in Laser Quantum to over 75 percent
* Novanta Inc says novanta acquires an additional 35 percent of outstanding shares of laser quantum for approximately £25.5 million
* Novanta Inc- total purchase price of £25.5 million was financed with cash on hand and borrowings under company's amended and restated credit facility
* Novanta Inc says transaction is expected to be immediately accretive to novanta's free cash flow and non-gaap earnings per share
* Novanta Inc says transaction expected to add approximately $25 million in revenue to novanta's financial results on a full year pro forma basis Source text for Eikon: ID:nCNWfCwk9a Further company coverage: NOVT.O