M&A Deal Summary

CTS Acquires Noliac A/S

On May 16, 2017, CTS acquired electrical equipment company Noliac A/S

Acquisition Highlights
  • This is CTS’s 2nd transaction in the Electrical Equipment sector.
  • This is CTS’s 1st transaction in Denmark.

M&A Deal Summary

Date 2017-05-16
Target Noliac A/S
Sector Electrical Equipment
Buyer(s) CTS
Deal Type Add-on Acquisition

Target

Noliac A/S

Kvistgaard, Denmark
Noliac A/S is a designer and manufacturer of tape cast and bulk piezoelectric components, sensors and transducers. Noliac was founded in 1997 and is based in Kvistgaard, Denmark.

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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 10 of 15
Sector: Electrical Equipment M&A 2 of 3
Type: Add-on Acquisition M&A Deals 8 of 12
Country: Denmark M&A 1 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-13 CTG Advanced Materials

Bolingbrook, Illinois, United States

CTG Advanced Materials LLC is a designer and manufacturer of single crystal piezoelectric materials, serving major original equipment manufacturers throughout the medical marketplace.

Buy $73M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 QTI Sensing Solutions

Boise, Idaho, United States

QTI Sensing Solutions is a designer and manufacturer of high-quality temperature sensors serving original equipment manufacturers (OEMs) with mission-critical applications in the industrial, aerospace, defense, and medical markets.

Buy $80M