Laird Technologies acquires Klüver Aggregatebau

Electronics company Laird Technologies has acquired medical technology company Klüver Aggregatebau, which for the fiscal year ending 31 December 2010 had revenues of €13m (£11.2m).

The transaction is expected to formally close by 31 March 2011, after which Klüver will become part of Laird Technologies’ Thermal Materials and Systems Business.

The purchase expands the scope of Laird Technologies’ thermal management business into compressor-based temperature control systems for use in medical, telecommunications and other end-use markets.