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CTS completes acquisition of Millar Holdings

PUBLIC · CTSOct 23, 2026

Acquiring Company

CTS Corporation

Acquired Company

Millar Holdings

LisleHoustonManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

CTS Corporation has completed its acquisition of Millar Holdings, Inc. for $50 million, net of cash acquired and debt assumed, plus contingent consideration tied to specified financial targets. The deal strengthens CTS's advanced sensing technologies and expands its presence in medical sensing and diversified end markets.

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Company Information

Company

CTS Corporation

Location

Lisle, Illinois, United States

About

CTS Corporation (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 provides engineered products to customers in the aerospace/defense, industrial, medical and transportation markets.

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Frequently asked

Who acquired Millar Holdings?

Millar Holdings was acquired by CTS Corporation, based in Lisle. The deal was reported on October 23, 2026. CTS Corporation (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS Corporation is publicly traded (CTS) and operates in Manufacturing.

When did CTS Corporation acquire Millar Holdings?

CTS Corporation's acquisition of Millar Holdings was reported on October 23, 2026. CTS Corporation has completed its acquisition of Millar Holdings, Inc. for $50 million, net of cash acquired and debt assumed, plus contingent consideration tied to specified financial targets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Millar Holdings do?

Millar Holdings, Inc. is a provider of advanced pressure sensing technologies used in medical devices, life sciences and industrial markets. Its CEO is Tim Daugherty. The company brings established customer relationships and a talented workforce to CTS. It is privately held, operating in Biotechnology, and is based in Houston.

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