---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-025088"
form_type: "8-K"
ticker: "CTS"
cik: "0000026058"
company_name: "CTS CORP"
filed_at: "2022-07-01T23:59:59+00:00"
generated_at: "2026-06-24T21:48:30.994151+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CTS completes acquisition of Ferroperm Piezoceramics for ~$74M (DKK 525M)

## Summary
- Acquisition closed on June 30, 2022; purchase price of DKK 525M (~$74M at 7.09 DKK/USD).
- Ferroperm is a leading supplier of high-performance piezoceramic components for medical, industrial, and aerospace.
- CEO Kieran O'Sullivan says deal advances diversification strategy and is expected to be accretive in 2023.
- Ferroperm's European base and medical therapeutic experience complement CTS's capabilities.

## SEC filing metadata
- accession: 0001564590-22-025088
- form_type: 8-K
- ticker: CTS
- cik: 0000026058
- company_name: CTS CORP
- filed_at: 2022-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26058/000156459022025088/0001564590-22-025088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26058/000156459022025088/cts-8k_20220630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-025088
- JSON: https://secwatch.observer/filing/0001564590-22-025088.json
- Plain text: https://secwatch.observer/filing/0001564590-22-025088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.