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Sensata bulks up sensor portfolio with $1B Custom Sensors & Technologies buy

Jul 30, 2015 - The Deal Pipeline

Sensata Technologies Holding NV (ST) said Thursday, July 30, it has a deal in place to acquire a portfolio of assets from Custom Sensors & Technologies Inc. in a deal valued at $1 billion. Sensata said it would buy four sensor brands along with sales, engineering and manufacturing sites in the U.S., Europe, China and Mexico that employ about 2,500, including 250 engineers.

The businesses make a range of sensors used in aerospace, industrial and other markets, including harsh environmen...