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Vishay Precision Group Acquires Mechanical Test and Simulation Systems Producer Dynamic Systems for USD 41m
Friday 08 November 2019

8 November 2019 - Pennsylvania, US-based Vishay Precision Group, Inc. (NYSE: VPG), a provider of precision sensors and sensor-based systems, has acquired New York, US-based thermal-mechanical test and simulation systems producer Dynamic Systems Inc., for a purchase price of USD 41m, the company said.
Dynamic Systems is developing new metal alloys and optimising production processes
VPG said DSI is an established, high-margin business, with a strong brand and has the largest installed base of products of its type in the world, according to market estimates.
DSI expands the company's position in the steel market and offers opportunities for growth by leveraging sales capabilities and market presence, and by expanding DSI's product line to address new opportunities.
Dynamic Systems Inc. has provided metallurgical research equipment to universities, manufacturers, metals producers and research institutions around the world.
Best known in the market for its leading brand, Gleeble Systems, DSI's comprehensive family of research tools improve materials and optimise production processes that benefit provide a competitive advantage to a wide range of industrial end-markets including automotive, aerospace, energy, and heavy industry.
Vishay Precision Group, Inc., is a designer, manufacturer and marketer of: components based on its resistive foil technology; sensors; and sensor-based measurements systems specialising in the growing markets of stress, force, weight, pressure, and current measurements.
Details
Date Published: 08/11/2019
Target: Dynamic Systems Inc
Country: USA
Deal Size: 41m (USD)
Sector: Metals/Mining
Type: Corporate acquisition
Status: Closed
Vendor:
Buyer: Vishay Precision Group
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