UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of
Report (Date of Earliest Event Reported): December 5, 2005
MEASUREMENT
SPECIALTIES, INC.
(Exact
name of registrant as specified in its charter)
|
New
Jersey
|
1-11906
|
22-2378738
|
|
(State
or other jurisdiction of incorporation)
|
Commission
File Number
|
(IRS
Employer Identification No.)
|
1000
Lucas Way, Hampton, VA 23666
(Address of principal executive offices) (Zip Code)
(757)
766-1500
Registrant's telephone number, including area code
(Former
name or former address, if changed since last report.)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Section
1 - Registrant’s Business and Operations
Item
1.01 Entry into a Material Definitive Agreement.
Measurement
Specialties, Inc. announced on December 5, 2005 it has signed a definitive
agreement to acquire the capital stock of ATEX, a sensor company based outside
of Paris, France for 2.7 million euro. As part of the transaction, Measurement
Specialties will be acquiring approximately 0.5 million euro cash on the
balance
sheet. The owners also have potential for an additional 1.6 million euro
earn
out tied to 3 year growth objectives. The transaction is expected to close
early
January, 2006.
Founded
in 2000, ATEX specializes in providing vibration sensors to the Formula One
racing market. For calendar 2005, ATEX has annual revenues of approximately
1.5
million euro, with customers predominantly in Europe.
Item 9.01.
Financial Statements and Exhibits.
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EXHIBIT
NO.
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DESCRIPTION
|
| |
|
|
Exhibit
99.1
|
Press
Release of Measurement Specialties, Inc. dated December 5,
2005.
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
Measurement
Specialties, Inc.
(Registrant)
Date:
December 8, 2005
By:/s/
John P.
Hopkins
John
P.
Hopkins
Chief
Financial Officer
(authorized
officer and principal financial officer)