ADVISOR TO NOLIAC IN THE SALE TO CTS CORPORATION
Noliac designs, develops and manufactures a broad range of piezoelectric products from powders to mono- and multilayer components and all the way to finished plug-and-play applications such as transducers, actuators and motors.
Piezoelectric components are used in a number of industries such as healthcare, aerospace, oil & gas, and telecommunications.Noliac was founded in 1997 and has 100 employees, with manufacturing and R&D facilities in Denmark and the Czech Republic.
CTS Corp., based in Indiana, U.S.A., manufactures sensors, actuators and electronic components, and is listed on the New York Stock Exchange.With the acquisition of Noliac, CTS improves its ability to provide a complete range of piezoelectric solutions and strengthens CTS’ European presence.
ATRIUM acted as financial advisor to Noliac in the exclusive sales process with CTS.