Announced
Financials
Sources
Tags
optical sensing
Germany
Friendly
Private
Private Equity
Single Bidder
Pending
safety systems
Machinery: Specialty
Cross Border
Majority
Acquisition
Synopsis
capiton-backed CEDES, a provider of sensor technologies, agreed to acquire VITECTOR, a manufacturer of safety systems for the door & gate market. Financial terms were not disclosed. "VITECTOR has a long-established international reputation in the industry and offers products that ideally complement the CEDES portfolio, such as optical sensing edges, reflective photo eyes, airwave switches, door switches and door accessories," CEDES.
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