Consolidation trend Apr 2023 · Europe Verified
CTS Building Global Temperature Sensing and Piezoceramic Platforms
CTS is building a strong global temperature sensing platform and enhancing its piezoceramic technology through strategic acquisitions, including single crystal, tape cast, and bulk technology acquisitions from 2016 to 2022.
“Building a Strong Global Temperature Sensing Platform 2020 Medical Applications Industrial Applications 2019 Industrial + Medical Europe Expansion 2022 Growing Temperature Platform Current 49% of sales from Non-Transportation end markets … +360 bps vs. 2021”
Entities
CTS Corporation · Acquirer
Other Sentiment: Positive
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