CTS Acquires European Piezoelectric Sensor & Component Manufacturer
CTS Corporation (NYSE: CTS) has announced the acquisition of Noliac A/S; a designer and manufacturer of tape cast and bulk
piezoelectric components, sensors and transducers. Headquartered in Denmark with manufacturing facilities in Denmark and the Czech
Republic, Noliac serves OEMs in the aerospace & defense, test & measurement, medical and industrial markets.
Founded in 1997, Noliac leverages twenty years of experience in piezoelectric multi-layer tape cast manufacturing to produce
stacked actuators and other components. Since its founding, Noliac has expanded operations to also include piezoelectric bulk
manufacturing processes and in-house design and production capabilities for sensors and transducers.
“The acquisition of Noliac demonstrates CTS’ commitment to our strategy of investing in technologies that Sense, Connect and
Move,” stated Kieran O’Sullivan, CEO of CTS Corporation. “In 2016 we acquired single crystal production capabilities to strengthen
our piezoelectric product portfolio. By acquiring Noliac, we expand our tape cast manufacturing capabilities. This enables us to
provide a more complete range of piezoelectric solutions to our customers, while growing our European presence and further
diversifying our end market profile.”
“On behalf of the team at Noliac, we are excited to join the CTS family,” stated Bjørn Andersen, CEO and founder of Noliac A/S.
“CTS’ high volume production expertise for piezoelectric ceramics and single crystal products is a perfect fit for Noliac. This
acquisition provides Noliac with the resources to continue to grow. We are looking forward to reaching the next level with
CTS.”
About CTS
CTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors,
actuators and electronic components in North America, Europe and Asia, and supplies these products to OEMs in the aerospace,
communications, defense, industrial, information technology, medical and transportation markets.
For more information, visit www.ctscorp.com.
CTS Corporation
Nick Hajewski, +1-630-577-8865
Marketing Communications Manager
nick.hajewski@ctscorp.com
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