CTS Acquires Single Crystal Technology Company

CTS Corporation completed the acquisition of a single crystal technology company located in Bolingbrook, IL, which designs and manufactures piezoelectric single crystals for medical and defense industries. The acquisition is reflected in the 2016 capital structure changes and is part of CTS's targeted M&A strategy to enhance its technology portfolio.

“Note 1: Change in Cash/Debt in 2016 due to Single Crystal Acquisition”

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