CTS Completes $50 Million Acquisition of Millar

10:57 AM EDT, 10/23/2026 (MT Newswires) -- CTS (CTS) said Friday it completed the $50 million acquisition of Millar Holdings, a maker of pressure sensing technology for medical devices, with possible extra payments for reaching financial targets. The deal expands CTS's position in advanced sensing and supports its strategy to diversify its end markets, the company said. CTS shares were down 1.2% in Friday trading. Price: 53.38, Change: -0.15, Percent Change: -0.28