# CORREGE and THERMO ELECTRIC merge to form COTEMP Sensing group via MBO

CORREGE and THERMO ELECTRIC Inc. announced their merger through a management buyout, creating the COTEMP Sensing group, a temperature measurement solutions manufacturer with over 200 employees in France, UK, USA, and India.

- Type: Acquisition
- Announced: 2023-05-04
- Where: France
- Status: announced
- Products: temperature measurement solutions, temperature control solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [CORREGE](https://endata.com/companies/70117.md) (target)
- [THERMO ELECTRIC Inc.](https://endata.com/companies/70118.md) (target)
- [COTEMP Sensing](https://endata.com/companies/70119.md) (acquirer)

## Sources

- [correge.fr](https://www.correge.fr/en/cotemp-sensing-group-management-buy-outcotemp/), 2023-05-04: "CORREGE and THERMO ELECTRIC Inc. are pleased to announce their merger through the completion of a Management Buy Out."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.