Meggitt to acquire Piezotech
August 28, 2013
Meggitt PLC, the global aerospace, defence and energy group, has signed an agreement to acquire Piezotech LLC. The transaction strengthens two strands of Meggitt’s sensing systems business: high performance piezo-ceramic technology for extreme temperature gas turbine sensors; and its position in emerging energy and medical markets – in particular, downhole drilling and medical applications. Click here to read the press release.