Consolidation trend Feb 2020 Verified
CTS Pursues Strategic M&A to Build Piezoelectric Ceramic Growth Platform
CTS highlights its strategic M&A approach to expand product range, enhance technology, broaden geographic reach, and strengthen customer relationships. The presentation details a case study of successfully building a broad piezoelectric ceramic growth platform through multiple acquisitions, doubling the serviceable addressable market.
“Case Study: Successfully Built Broad Piezoelectric Ceramic Growth Platform Pre 2016 2016 2017 2018+ Bulk Technology Single Crystal Technology Tape Cast Technology Robust Double-Digit Single-Digit Growth Double-Digit Growth Single-Digit Growth Growth Platform SAM : $714M SAM : $968M $1.7B (>2x SAM )”
Entities
CTS Corp · Acquirer
Other Sentiment: Positive
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