# 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.

- Type: Acquisition
- Announced: 2018-05-21
- Value: $173.0M
- Status: announced
- Products: tire valves, mechanical valves for pressure applications, tire hardware aftermarket products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sensata Technologies](https://endata.com/companies/3295.md) (partner)
- [Pacific Industrial](https://endata.com/companies/3296.md) (acquirer)

## Sources

- [investors.sensata.com](https://investors.sensata.com/news/news-details/2018/Sensata-Technologies-Enters-into-Agreement-to-Sell-Valves-Business-to-Pacific-Industrial-Co/default.aspx), 2018-05-21: "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."
- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/PACIFIC-INDUSTRIAL-CO-LTD-6492960/news/Pacific-Industrial-Co-Ltd-entered-into-an-agreement-to-acquire-Schrader-Bridgeport-International-34704256/), 2018-05-21: "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."
- [sensata.com](https://www.sensata.com/contact/newsroom/sensata-technologies-enters-agreement-sell-valves-business-pacific-industrial-co), 2018-05-22: "Sensata Technologies Enters into Agreement to Sell Valves Business to Pacific Industrial Co."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/PACIFIC-INDUSTRIAL-CO-LTD-6492960/news/Pacific-Industrial-Co-Ltd-completed-the-acquisition-of-Schrader-Bridgeport-International-Inc-and-34592211/), 2018-08-30: "Pacific Industrial Co., Ltd. (TSE:7250) entered into an agreement to acquire Schrader-Bridgeport International, Inc and Schrader SAS from Sensata Technologies, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.