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MTS Systems Corp buys Roehrig Engineering, Inc


Tuesday, 17 Jun 2014 04:00pm EDT 

MTS Systems Corp:Acquires 100 pct of shares of Roehrig Engineering, Inc. (REI), testing systems utilizing electric and electromagnetic actuation technology, for about $15 mln.Purchase price may increase by up to $2 mln if certain sales targets are achieved.Acquisition closed on June 17, 2014. 

Company Quote

66.9
-0.59 -0.87%
19 Sep 2014