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Material Testing Market is expected to reach a value of 822.75 million USD by the end of 2027

Material Testing Market Size will grow from US$ 696.5 million in 2021 to $ 822.75 million in 2027, recording a compound annual growth rate of above 6.46% ....

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ITW to Acquire MTS Test & Simulation Business from Amphenol

ITW to Acquire MTS Test & Simulation Business from Amphenol
Illinois Tool Works Inc., a global multi-industrial manufacturing leader, and Amphenol Corporation, a leading global provider of high-technology interconnect, antenna and sensor solutions, announced that they have entered into an agreement under which ITW will acquire MTS Systems Corporation’s Test & Simulation business, following the closing of Amphenol’s acquisition of MTS.
“MTS’s Test & Simulation business is highly complementary to our existing Test & Measurement and Electronics business and positions us in new and attractive industry verticals,” said E. Scott Santi, ITW’s Chairman and CEO. “This acquisition continues our strategy of driving solid growth and best-in-class returns in businesses where highly innovative, customer-focused solutions are required. We look forward to welcoming the MTS Test & Simulation team to ITW.” ....

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