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May 21, 2018ACQUISITION
Sensata agrees to sell valves business to Pacific Industrial for about $173 million
Sensata Technologies agreed to sell its valves business, which makes tire valves and mechanical valves, to Pacific Industrial Co. for a total enterprise value of about $173 million. The deal is expected to close in the third quarter of 2018.
Productstire valvesmechanical valves for pressure applicationstire hardware aftermarket products
“today announced that it has entered into an agreement with Pacific Industrial Co., Ltd. (“Pacific”) to sell its valves business for a total enterprise value of approximately $173 million.”investors.sensata.com
- 4 sources
- investors.sensata.comSensata Technologies - Sensata Technologies Enters into Agreement to Sell Valves Business to Pacific Industrial Co.May 21, 2018
- uk.marketscreener.comPacific Industrial Co., Ltd. entered into an agreement to acquire Schrader-Bridgeport International, Inc and Schrader SAS from Sensata Technologies, Inc. and Sensata Technologies France SAS for approximately $170 million.May 21, 2018
- sensata.comSensata Technologies Enters into Agreement to Sell Valves Business to Pacific Industrial Co. | Sensata TechnologiesMay 22, 2018
- marketscreener.comPacific Industrial Co., Ltd. completed the acquisition of Schrader-Bridgeport International, Inc and Schrader SAS from Sensata Technologies, Inc. and Sensata Technologies France SAS.Aug 30, 2018
Summarized from public sources; check the original articles before acting on it.