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steute Technologies to acquire Electro‑Sensors for $7.75 per share
steute Technologies, a Battery Ventures portfolio company, has entered into a definitive agreement to acquire Electro‑Sensors for $7.75 in cash per common share. The offer is about 75% above the closing price before the announcement and was unanimously approved by Electro‑Sensors’ special committee and board. The transaction is subject to shareholder approval and customary closing conditions; several large shareholders have already signed support agreements. Upon closing, expected in the first half of 2026, Electro‑Sensors will become a wholly owned subsidiary of steute and will be delisted from Nasdaq; Lake Street Capital Markets advised Electro‑Sensors. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | March 2026 | YoY |
|---|---|---|
| Revenue | 2.23m | - |
| Gross profit | 1.14m | - |
| Net profit | -100.21k | - |
| EBITDA | -108.85k | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €24.52m |
Number of shares | 3.53m |
52-week high/low | €6.95 - €3.63 |
| Dividends | No |
Beta | 0.63 |
P/E ratio | 104.60 |
PEG ratio | -3.20 |
P/B ratio | 1.82 |
P/S ratio | 2.61 |
Company profile
Electro-Sensors, Inc. engages in the manufacture and sale of industrial production monitoring and process control systems. The company manufactures and sells various monitoring and control systems that measure machine production and operation rates, as well as regulate the speed of related machines in production processes. Its speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or board feet; and alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays. The company's temperature application products consist of bearing, gear box, and motor temperature monitoring sensors. It also offers production monitoring devices that include a belt alignment and slide gate position monitors; vibration monitoring products; and tilt switches. In addition, the company provides hazard monitoring systems, such as Electro-Sentry, which integrates its sensors for monitoring temperature, belt alignment, and shaft speed with programmable control logic; HazardPRO, a wireless hazard technology monitoring system; and HazardPRO site system manager software. It serves grain/feed/milling, bulk material, manufacturing, food product, ethanol, power generation, and other processing industries. The company sells its products through internal sales team, manufacturer's representatives, and distributors in the United States, Canada, Mexico, Brazil, Chile, Guatemala, Germany, Peru, United Kingdom, Ukraine, Egypt, Saudi Arabia, the United Arab Emirates, South Africa, Tunisia, India, Australia, China, the Republic of Korea, Vietnam, Malaysia, the Philippines, Thailand, and Singapore. Electro-Sensors, Inc. was incorporated in 1968 and is headquartered in Minnetonka, Minnesota.
| Name | ELECTRO-SENSORS INC.DL-,1 |
| CEO | David L. Klenk |
| Headquarters | Minnetonka,
mn USA |
| Website | |
| Sector | Industrials |
| Industry | Electrical Equipment |
| IPO | 09/06/1981 |
| Employees | 38 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | ELSE |