Millar, an OEM solutions provider and leader in pressure sensor medical devices for more than 54 years, announces its strategic intention to acquire Sentron , a renowned and fully integrated manufacturing company for pressure and pH sensors, headquartered in Leek, Netherlands and currently owned by Wellinq. This planned acquisition would mark a significant milestone in the evolution of both companies and foster unparalleled opportunities for innovation and global expansion. The proposed acquisition of Sentron is consistent with Millar's commitment to advancing medical understanding and enabling scientific discovery through pressure sensor technology. With a shared vision of excellence, this acquisition would position Millar to redefine the medical sensor technology landscape, drive progress and improve healthcare outcomes worldwide.

“We are thrilled to welcome Sentron to the Millar family,” said Tim Daugherty , President and CEO of Millar . “With more than five decades of expertise, Millar is at the forefront of pressure sensor technology. This acquisition is not just a strategic business move; it is a transformative leap into a future where innovation knows no bounds. Sentron's technologies and manufacturing capabilities complement ours perfectly, allowing us to offer an even broader spectrum of solutions to our customers around the world."

Millar's intention to acquire Sentron represents a transformative step forward for MEMS pressure sensor technology. This merger would expand Millar's global footprint, improve product distribution capabilities and establish Millar as a one-stop shop for sensor development, from raw components to fully commercialized sensor-driven medical devices. This strategic acquisition, including its sensor development and manufacturing facilities, will significantly expand Millar's capabilities, allowing the company to expand its product offering to include pH and electrical conductivity sensors. This expansion would not only enrich Millar's portfolio, but also place the company at the forefront of comprehensive sensor solutions, driving innovation and shaping the future of medical technology. Under the terms of the agreement, once completed, Sentron will become a wholly owned subsidiary of Millar. The acquisition, which is expected to close in late 2023 pending final legal review, holds the promise of transformative advances in medical sensor technology.

Sander Hartman , CEO of Wellinq , expressed his excitement about this alliance, saying: “Joining forces with Millar is a monumental step for Sentron. Millar's reputation for excellence and their unwavering commitment to advancing medical research are perfectly aligned with our own values. Sentron's facilities and expertise, combined with Millar's legacy of innovation, will undoubtedly pave the way for groundbreaking developments in medical sensor technology. We also look forward to the opportunity to contribute Millar's Board of Directors, where we will leverage our unique capabilities and extensive network to expand our reach and have a greater impact on patient outcomes.”

Over Millar 

Since 1969, Millar , headquartered in Houston, Texas , has led the development of catheter-based, solid-state pressure sensors and is known worldwide as the leader in MEMS pressure sensors that advance medical understanding. Millar OEM  serves the medical device and life sciences industries with its MEMS pressure sensors, ISO 13485 precision manufacturing and wireless printing technology, resulting in cost savings and rapid time to market for sensor integration. The company's clinical and life science products enable medical discoveries and empower medical professionals to make decisions when accurate measurements matter. Millar recently moved to its new, state-of-the-art, 52,000-square-foot headquarters in Pearland, Texas , reinforcing its commitment to innovation and cutting-edge research.

Over Sentron

Sentron, headquartered in Leek, Netherlands , is a leading sensor manufacturing and sensor integration company operating as an OEM supplier. Sentron, currently owned by the European holding company, Wellinq , specializes in supplying sensors and sensor-controlled products to various sectors. Sentron's advanced cleanroom and manufacturing facility enhances product distribution capabilities and strengthens the company's position as a leader in pressure sensor technology.

Source: prnewswire.com

Report Abuse