Sensata Technologies completes acquisition of Custom Sensors & Technologies' sensing portfolio

Sensata Technologies Holding N.V. announced that subsidiaries completed the previously announced acquisition of the sensing portfolio of Custom Sensors & Technologies, Inc. ("CST"). The acquisition includes the Kavlico, BEI, Crydom and Newall product lines and brands and includes sales, engineering and manufacturing sites in the United States, the United Kingdom, Germany, France, China and Mexico that employ approximately 2,500 people, including approximately 250 engineers.

"The acquisition of CST's sensing portfolio is in line with Sensata's strategy to Win in Sensing," said Martha Sullivan, Sensata Technologies President and Chief Executive Officer. "These are long-standing, profitable and highly cash generative sensing brands that are well respected by leading OEMs. We are excited to welcome this talented team into Sensata's global organisation."