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home / news releases / CTS - CTS completes acquisition of Ferroperm Piezoceramics from Meggitt

CTS - CTS completes acquisition of Ferroperm Piezoceramics from Meggitt

CTS Corporation

  • CTS ( NYSE: CTS ) completed the acquisition of Ferroperm Piezoceramics from Meggitt ( OTCPK:MEGGF ) for 525M Danish Krone in cash, subject to usual net debt and working capital adjustments and other terms and conditions.
  • "We expect the acquisition to be accretive in 2023," CTS CEO Kieran O'Sullivan said.
  • Source: Press Release

For further details see:

CTS completes acquisition of Ferroperm Piezoceramics from Meggitt
Stock Information
Company Name: CTS Corporation
Stock Symbol: CTS
Market: NYSE
Website: ctscorp.com
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