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): November 30, 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
2 FINANCIAL INFORMATION
ITEM
2.01 COMPLETION OF ACQUISITION
Measurement
Specialties, Inc. (MSI) on November 30, 2005 acquired the capital
stock of HL Planartechnik GmbH (“HLP”), a sensor company located in Dortmund,
Germany for €6.0 million or $7.1 million ($3.0 million at close and the
assumption of $4.1 million in debt and liabilities). The sellers can earn
up to
an additional $3.5 million if certain performance hurdles are achieved in
2006.
HL
Planartechnik GmbH (www.hlplanar.com) specializes in thin-film metallization
processes, producing sensors in four main categories: (1) infrared thermopiles
used in appliance, automobile, medical and other applications for non-contacting
temperature measurement; (2) magneto-resistive sensors that measure changes
in
magnetic fields to determine position, angle, rotation, or current; (3) mass
air
flow (MAF) sensors to measure the changes in air flow and other gases for
use in
automotive, medical and industrial applications; and (4) MEMS-based inclination
sensors for the precise measurement of level, angle or tilt in construction
equipment, automobile and aerospace applications. HL Planar has a production
and
development facility with a Silicon MEMS fab in the heart of Germany’s
technology corridor.
Item 9.01.
Financial Statements and Exhibits.
(c)
Exhibits. The following exhibits are filed herewith:
| Exhibit
99.1 |
Press
Release of Measurement Specialties, Inc. dated November 30,
2005.
|
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 5, 2005
By: /S/
John P.
Hopkins
John
P.
Hopkins
Chief
Financial Officer
(authorized
officer and principal financial officer)