Add-on acquisition Apr 2023 Verified
CTS Acquires TEWA Temperature Sensors, Ferroperm Piezoceramics, and maglab
CTS Corporation has completed acquisitions of TEWA Temperature Sensors, Ferroperm Piezoceramics, and maglab, A.G. as part of its M&A strategy to fuel diversification and expand its technology platforms.
“unanticipated issues in integrating acquisitions, including our acquisitions of TEWA Temperature Sensors, Ferroperm Piezoceramics and maglab, A.G.”
Entities
CTS Corporation · Acquirer Ferroperm Piezoceramics · Target TEWA Temperature Sensors · Target maglab, A.G. · Target
Other Sentiment: Neutral
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.