THUN, SWITZERLAND – Schleuniger Group signed an agreement to acquire Cirris Systems in an asset deal. The acquisition secures complementary testing expertise and improved market access for Schleuniger in the North American market for testing and test automation of cables and harnesses.

The transaction is expected to be concluded in the third quarter, and the new company Cirris will take over most of the assets of Cirris Systems.

The move reportedly reduces Schleuniger’s dependency on the automotive industry.

“With the acquisition of Cirris, Schleuniger is further extending its market lead in testing of cables, harnesses and connectors. Together with adaptronic Prüfsysteme and Schleuniger Test Automation, both located in Germany, we have now fully realized our strategic main direction of ‘Best in Test’ and our ambition to be the global number one in technology, application and industry coverage,” said Christoph Schüpbach, CEO, Schleuniger.

“We are excited to become a part of the Schleuniger Group after many years of sales and technology cooperation,” said Craig Taylor, president and CEO of Cirris Systems. “Our product and service offerings complement the already extensive testing portfolio of the Schleuniger Group, and this acquisition offers us the chance to expand even more rapidly as part of the global Schleuniger organization.”

Taylor will remain in his current position at Cirris.

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