Seeking Alpha

CTS Corporation (CTS)

  • Oct. 3, 2013, 9:37 AM
    • Benchmark Electronics (BHE -1%) acquires the Electronics Manufacturing Solutions unit of CTS for $75M.
    • The division employs ~1K employees in 4 North American and 1 Asian location.
    • Management expects the acquisition to generate incremental revenues in excess of $200M and be accretive in 2014.
    | Oct. 3, 2013, 9:37 AM | Comment!
  • Nov. 17, 2011, 9:08 AM
    CTS has struck a cash deal to buy Valpey-Fisher (VPF) for $4.15/share according to a report from StreetInsider. The maker of frequency control devices closed trading yesterday at $2.55/share.
    | Nov. 17, 2011, 9:08 AM | Comment!
Company Description
CTS Corp is a designer and manufacturer of electronic components and sensors to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. The Company manufactures products in North America, Europe and Asia.