Market Overview

Actuant Acquires CrossControl AB for $40M+


Actuant Corporation (NYSE: ATU) announced today that it has completed the acquisition of Alfta, Sweden based CrossControl AB for cash of approximately $40 million, plus potential future performance related consideration. CrossControl is a leading provider of advanced electronic solutions for user-machine interaction, vehicle control, and mobile connectivity in critical environments and has annual revenues of approximately $40 million.

Posted-In: News M&A


Related Articles (ATU)

View Comments and Join the Discussion!