Moog in agreement to acquire VUES for $65M in cash
Moog announced that it has entered into a definitive agreement to acquire VUES Brno s.r.o. The purchase price is EUR53M or ($65M in cash. VUES is headquartered in Mostecka, Czech Republic, with additional facilities in Jarni and Slavkov u Brna. atory approvals in Germany and customary closing. "We are pleased to welcome VUES to Moog's expanding line of high performance motion products," said Pat Roche, President of Moog's Industrial Systems segment. "This business aligns with our core business model of delivering a competitive advantage to our customers by providing custom motion control solutions. The VUES product offering, engineering expertise and manufacturing capability will strengthen our market position." VUES had 2017 sales of approximately EUR30M or U.S. $37M.