Measurement Specialties Buys Sensotherm for ~$7M
Measurement Specialties, Inc. (Nasdaq: MEAS) announced today the completion of the acquisition of the capital stock of Sensotherm Temperatursensorik GmbH, a German limited liability company, and Secon Kft., a Hungarian limited liability company (together, "Sensotherm"), a leader in the design and manufacture of platinum (Pt) thin film RTD temperature sensors for €5.2 million or approximately $7.0 million. The acquisition closed August 30th.
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