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Vishay eyes Celtron acquisition

Posted: 03 Oct 2002 ?? ?Print Version ?Bookmark and Share

Keywords:discrete semiconductors? passive electronic components? load cells? digital scales?

Vishay Intertechnology Inc., a manufacturer of discrete semiconductors and passive electronic components, has agreed to acquire Celtron Technologies for about $13.5 million.

Celtron is engaged in the production and sale of load cells used in digital scales for the weighing industry, with manufacturing facilities and offices in Taiwan, mainland China, and California. The transaction is expected to close in mid-October 2002.

"This acquisition is yet another step in our strategy to vertically broaden the product offerings of the Vishay Measurements Group," said Dr. Zandman, chairman and CEO of Vishay stated. "We are now in a position, with the combined resources of the Vishay Micro-Measurements and Vishay Transducers divisions, to offer our customers solutions that involve the strain gage sensor, the load cell weighing element, and the display and control instrumentation, all manufactured within the group."

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