CTS completes acquisition of Millar Holdings
CTS•CTS completed its acquisition of Millar Holdings for $50 million, net of cash acquired and debt assumed, with additional contingent consideration tied to specified financial performance targets.
1. Acquisition completed
CTS completed the $50 million acquisition of Millar Holdings, net of cash acquired and debt assumed. Additional contingent consideration is payable if specified financial performance targets are met. Millar develops pressure-sensing technologies for medical devices, life sciences and industrial applications, expanding CTS's medical sensing presence.
