CTS Corporation Completes $50 Million Acquisition of Millar Holdings

Key Facts

1CTS Corporation announced the completion of its acquisition of Millar Holdings for $50 million in cash.

2The deal includes additional contingent consideration based on the achievement of specific financial performance targets.

CTS Corporation announced the completion of its acquisition of Millar Holdings for $50 million in cash. GlobeNewswire reported that the deal includes additional contingent consideration payable subject to the achievement of specific financial performance targets.

The acquisition aligns with CTS's strategy to strengthen its position in advanced sensing technologies and expand its presence across diversified end markets. CTS stock closed at $53.53 on October 22, 2026, after trading between a low of $53.36 and a high of $55.51 during that session.