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Meggitt PLC To Acquire Piezotech LLC

Wednesday, 28 Aug 2013 02:00am EDT 

Meggitt PLC announced that it has signed an agreement to acquire Piezotech LLC (Piezo) for $41.2 million on a cash and debt free basis. On completion, Meggitt fully expects to maintain Piezo as a standalone operation within its sensing systems division and retain the existing management team operating from its Indiana and Colorado sites. 

Company Quote

8.7 +1.91%
31 Jul 2015