steute Technologies to Acquire Electro-Sensors for $7.75 per Share

April 21, 2026

steute Technologies GmbH & Co. KG entered into a definitive merger agreement to acquire Electro-Sensors, Inc. for $7.75 in cash per share (about a 75% premium). The deal was expected to close in the first half of 2026, subject to shareholder and regulatory approvals.

Buyers
steute Technologies GmbH & Co. KG
Targets
Electro-Sensors, Inc.
Sellers
Certain significant shareholders of Electro-Sensors (via voting and support agreements), A group of shareholders (collectively referenced as sellers)
Location
Minnesota, United States
Transaction Type
Buyout

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