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Vishay Precision Group ( (VPG) ) has shared an update.
Vishay Precision Group, Inc. has expanded its product offerings in precision measurement and sensing technologies by acquiring Nokra Optische Prueftechnik & Automation GmbH, a German company specializing in precision measuring and testing equipment for manufacturing. The acquisition, which terms were not disclosed, is expected to enhance VPG’s solutions for steel and metal processing industries, aligning with the company’s long-term strategy to provide optimized production and quality control solutions. VPG’s CEO highlighted the value of integrating Nokra’s laser-based measuring systems with VPG’s existing measurement and inspection technologies.
Find detailed analytics on VPG stock on TipRanks’ Stock Analysis page.