MTS Completes Acquisition Of E2M Technologies B.V.

EDEN PRAIRIE, Minn., Nov. 26, 2018 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, announced today that it closed on the acquisition of E2M Technologies B.V. ("E2M") on November 21, 2018.

  • Significantly expands MTS Test and Simulation technology and product offerings for human-rated simulation systems

  • Brings key regulatory approvals and customers in high-growth flight simulation and entertainment markets

  • Provides compelling financial profile to enhance MTS revenue growth, margins, earnings and free cash generation

E2M is a leader in high-quality, durable, electrically-driven motion systems, serving primarily the human-rated entertainment and training simulation markets.  Key product applications include high-technology motion simulators for the amusement park industry and flight simulators for certified pilot training, both of which offer substantial growth opportunities for the future.

E2M has utilized its unique design capabilities and outstanding force and motion technologies to systematically gain the required regulatory and customer quality approvals for demanding human-rated motion systems, including motion platforms for "Level D" flight simulators for pilot training, and for key customers in the burgeoning theme park and vehicle simulator industries.  Due to the exceptional value, quality and reliability of its motion platforms, E2M has developed a premium customer base and is poised to substantially exceed market growth rates. 

The newly acquired business will be reported as part of the MTS Test segment, which will be renamed "Test and Simulation" to reflect the growth in simulation applications across all MTS market sectors.  Once integrated into the MTS Test and Simulation segment, E2M, with its exceptional electric force simulation and motion technical expertise, will leverage MTS' global sales and service network to support continued exciting growth within its core markets of entertainment, certified flight and general motion simulation.  From a technology standpoint, E2M's electric actuation expertise will a