CST: Sensata Technologies Acquires Custom Sensors & Technologies' Sensing Portfolio for Total Enterprise Value of $1B

Sensata Technologies Holding N.V. (NYSE: ST) announced today that it has reached an agreement to acquire the sensing portfolio of Custom Sensors & Technologies, Inc. ("CST") for a total enterprise value of $1.0 billion.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, ...Full story available on Benzinga.com