Lisle, Ill.
– CTS Corporation (NYSE: CTS) today announced that it has signed a definitive agreement to acquire Millar LLC,
including its wholly owned subsidiary Sentron.
Millar, headquartered in Houston, TX, is a recognized provider of advanced sensor technologies delivering innovative,
integrated MEMs-based solutions to the medical market. Sentron, based in Leek, NL, complements Millar's capabilities
with electrochemical sensing technologies that broaden customer reach and application expertise. The combination will
expand CTS’ advanced sensing portfolio and accelerate its strategy to diversify end markets.
The transaction is subject to customary pre-closing conditions and required regulatory approvals and is expected to
close following the satisfaction of those conditions.
About CTS
CTS Corporation (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS
manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides engineered
products to customers in the aerospace & defense, industrial, medical and transportation markets. For more
information, visit
www.ctscorp.com
.
Contact
Ashish Agrawal
Vice President and Chief Financial Officer
CTS Corporation
+1 (630) 577-8800