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CTS Corporation has signed a definitive agreement to acquire Meggitt A/S (Ferroperm Piezoceramics) from Meggitt PLC for DKK 525 million in cash. Ferroperm specializes in high-performance piezoceramic components for medical, industrial, and aerospace applications.
“Ferroperm represents a great addition to our expanding piezoceramic business and advances our diversification.”nasdaq.com
Summarized from public sources; check the original articles before acting on it.