Market Overview

Measurement Specialties Buys Sensotherm for ~$7M

Related MEAS
Measurement Specialties Holders Approve 86/Share In Cash Bid from TE
Measurement Specialties Vibration Facility Receives ISO 17025 Accredited Certification from the China National Accreditation Service

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.

Posted-In: News M&A


Related Articles (MEAS)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→