MTS Systems Acquires PCB Group, Inc.
July 5, 2016
MTS Systems Corporation has completed the acquisition of 100% of PCB Group, Inc. for $580 million. PCB, a Depew, New York–based manufacturer of piezoelectric sensors and transducers with ~1,168 employees, expands MTS's sensors portfolio and creates cross-selling and margin-improvement opportunities across MTS's Test and Sensors segments.
- Buyers
- MTS Systems Corporation
- Targets
- PCB Group, Inc.
- Industry
- Manufacturing
- Location
- New York, United States
- Transaction Type
- Buyout
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