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steute Technologies to acquire Electro-Sensors, Inc.

PRIVATEApr 21, 2026

Acquiring Company

steute Technologies GmbH & KG

Acquired Company

Electro-Sensors

HerfordMinnesotaManufacturingBiotechnologyHealth CareMedicalMedical DeviceMachinery ManufacturingManufacturing

Description

steute Technologies GmbH & Co. KG will acquire Electro-Sensors, Inc. under a definitive agreement. Shareholders of Electro-Sensors will receive $7.75 per share in cash, reflecting a premium of 75% of the stock's closing price on April 20, 2026. The merger has been approved by the board of Electro-Sensors and is anticipated to close within ten business days after shareholder approval.

Company Information

Company

steute Technologies GmbH & KG

Location

Herford, North Rhine-Westphalia, Germany

About

steute Technologies GmbH & Co. KG is a globally active company with more than 450 employees based in Löhne, Germany. It specializes in the development and manufacturing of switches, sensors, and other products for medical and industrial applications. Its product range includes certified medical control units used in operating theatres worldwide.

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Frequently asked

Who acquired Electro-Sensors?

Electro-Sensors was acquired by steute Technologies GmbH & KG, based in Herford. The deal was reported on April 21, 2026. steute Technologies GmbH & Co. KG is a globally active company with more than 450 employees based in Löhne, Germany. steute Technologies GmbH & KG is privately held and operates in Manufacturing.

When did steute Technologies GmbH & KG acquire Electro-Sensors?

steute Technologies GmbH & KG's acquisition of Electro-Sensors was reported on April 21, 2026. steute Technologies GmbH & Co. KG will acquire Electro-Sensors, Inc. under a definitive agreement. Shareholders of Electro-Sensors will receive $7.75 per share in cash, reflecting a premium of 75% of the stock's closing price on April 20, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Electro-Sensors do?

Electro-Sensors, Inc. is a leader in industrial monitoring systems. They provide reliable machine and hazard monitoring solutions in demanding industrial environments. It is privately held, operating in Manufacturing, and is based in Minnesota.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.