Amphenol Finalizes $1.7 Billion Acquisition of MTS Systems
Amphenol Corporationย (amphenol.com) announced plans to acquireย MTS Systems Corporationย (mts.com), a leading sensor manufacturer based in Eden Prairie, Minnesota. The transaction, valued atย $1.7โฏbillion, was approved by both companiesโ boards of directors. This move strengthens Amphenolโs presence in the global sensor and testing markets.
Expanding Sensor Capabilities and Product Range
MTS Systems reportedย $895โฏmillion in revenueย last year, ranking as Minnesotaโs 30th-largest publicly traded company according toย Business Journalย research. Amphenol, which generatedย $8.2โฏbillion in 2019 sales, continues to grow through strategic acquisitions that enhance its advanced technology portfolio.
Through this acquisition, Amphenol gains access to MTSโs innovative sensor technologies, which complement its existing product lines. The company stated that this integration creates one of theย industryโs broadest ranges of sensors and sensor-based solutions, serving industrial, automotive, aerospace, and measurement applications globally.
Strengthening Test and Simulation Potential
MTS Systems operates two key business segmentsโSensorsย andย Test & Simulation. Amphenol emphasized that while the sensor division will immediately expand its own offerings, theย test and simulation segmentย also brings valuable long-term growth opportunities. With MTSโs advanced simulation systems, Amphenol can further support clients focused on performance, reliability, and efficiency testing.
