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Actuant Acquires CrossControl

By TechTaffy Desk

[Techtaffy Newsdesk]

Actuant has completed the acquisition of Alfta, Sweden based CrossControl for cash of approximately $40 million, plus potential future performance related consideration. CrossControl is a provider of advanced electronic solutions for user-machine interaction, vehicle control, and mobile connectivity in critical environments and has annual revenues of approximately $40 million.

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