Monday, April 29, 2024

Technology | 2013.02.01

Vishay Precision Group Completes Acquisition of George Kelk Corporation

MALVERN, Pa.--(BUSINESS WIRE)--Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, based on its resistive foil technology, today announced it has completed its acquisition of George Kelk Corporation (“KELK”), of Toronto Canada, a privately held company. The purchase price was approximately $50 million Canadian, subject to customary post-closing adjustments. VPG financed the acquisition through a combination of cash on hand and third party borrowings. Ma

 

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