Altor Buying Technitrol Medtech Parts Biz for $200M

Technitrol Inc. (NYSE: TNL) has agreed to sell its Denmark-based Medtech components business to Altor Equity for $200 million. The business generated $110 million in revenue last year, and includes the balanced armature receivers, high-end microphones and electromechanical devices for the hearing aid, high-end audio headset and medical device markets.

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