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CTS Corporation completes $50M acquisition of Millar Holdings, boosting medical sensing tech portfolio.

Company Fundamentals
23 Oct 2026
GlobeNewsWire
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Bullish
CTS Corporation completes $50M acquisition of Millar Holdings, boosting medical sensing tech portfolio.

CTS Corporation has finalized its acquisition of Millar Holdings for $50 million, enhancing its capabilities in advanced pressure sensing technologies used in medical, life sciences, and industrial fields. This strategic move expands CTS's presence in diversified markets and strengthens its position in medical sensing technology. The acquisition brings Millar's innovative technology, skilled workforce, and strong customer relationships under CTS, aiming to accelerate innovation and create long-term shareholder value. Both companies express optimism about future growth and expanded capabilities through this partnership.

CTS Corporation's acquisition of Millar Holdings is reported alongside Pluang's snapshot of the Technology sector. For readers following this sector, as of Oct 23, 2026 21:31 WIB, 64 of 150 priced US Technology stocks rose while 85 fell. Notable movers include Nokia Corp (NOK) with a price of USD 8.23 and a 1-day change of +4.57%, Wipro Limited (WIT) at USD 2.09 down -4.57%, and Okta, Inc. (OKTA) at USD 209.99 up +4.30%. Typical hold times range from 41 to 66 days, with varying Pluang order activity percentages.

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