ELKHART, IN -- CTS has acquired D&R Technology manufacturer of custom designed sensors, switches and electromechanical assemblies for the automotive market.

CTS, one of the largest contract electronics manufacturing companies in the world, paid about $63.5 million for privately held D&R, which has annual sales of approximately $50 million.

CTS said the deal will enhance its automotive sensor market, adding new customers and a broader product portfolio.

D&R has facilities in Carol Stream, IL, and Juarez, Mexico, and approximately 400 employees.

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