1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Switzerland >
  5. CTS Acquires maglab

M&A Deal Summary

CTS Acquires maglab

On February 20, 2023, CTS acquired electrical equipment company maglab

Acquisition Highlights
  • This is CTS’s 3rd transaction in the Electrical Equipment sector.
  • This is CTS’s 2nd transaction in Switzerland.

M&A Deal Summary
Date 2023-02-20
Target maglab
Sector Electrical Equipment
Buyer(s) CTS
Deal Type Add-on Acquisition

Target

maglab

Basel, Switzerland
maglab designs and manufactures magnetic shields and cores, shunts, current sensors, and current transformers for the e-mobility, robotics, automation, and renewable energy industries. maglab was formed in 2011 and is based in Basel, Switzerland.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

CTS

Lisle, Illinois, United States
Category Company
Founded 1896
Sector Electronics
Employees3,549
Revenue 516M USD (2024)
DESCRIPTION
CTS' corporate headquarters in Elkhart, Indiana.
CTS' corporate headquarters in Elkhart, Indiana.

CTS is a designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, communications, medical, defense and aerospace, industrial, and computer markets. CTS was founded in 1896 and is based in Lisle, Illinois.

DEAL STATS #
Overall 15 of 15
Sector: Electrical Equipment M&A 3 of 3
Type: Add-on Acquisition M&A Deals 12 of 12
Country: Switzerland M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-12 Ferroperm Piezoceramics

Kvistgaard, Denmark

Ferroperm Piezoceramics specializes in piezoelectric ceramics under the Ferroperm™ brand which provides sensing, monitoring, power and motion systems. Ferroperm Piezoceramics is based in Kvistgaard, Denmark.

Buy kr.525M
Mergr

Solution for

Product

Company

Legal