MTS Completes Acquisition of SANS Group

EDEN PRAIRIE, Minn., Oct. 2 — MTS Systems Corporation (Nasdaq: MTSC – News) today announced that it has acquired the assets of SANS Group (SANS), a privately held company based in Shenzhen, China. The value of the transaction is approximately $43.6 million. (Logo: https://www.newscom.com/cgi-bin/prnh/20020430/MTSCLOGO) “SANS is an excellent strategic complement to our Test business,” said Laura B. Hamilton, Chair and Chief Executive Officer. “Their capabilities will help to accelerate MTS’ growth in China while also broadening MTS’ product offering worldwide. Together, we are committed to building confidence in product performance in the global materials market.” SANS has manufacturing facilities in Shenzhen and Shanghai, China.

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