Custom Sensors & Technologies has sold its sensing portfolio and brands to Sensata Technologies
The transaction included the Kavlico, BEI, Crydom and Newall product lines and brands. It also included sales, engineering and manufacturing sites in the United States, the United Kingdom, Germany, France, China and Mexico. These sites employ approximately 250 engineers worldwide. The sensing portfolio generated annual revenue of approximately $320 million during the last twelve months.
Kavlico is a significant provider of mission-critical linear and rotary position sensors to aerospace OEMs and Tier One suppliers, as well as pressure sensors to the general industrial and HVOR markets. BEI provides harsh environment position sensors, optical and magnetic encoders and motion control sensors to the industrial, aerospace, agricultural and medical device markets. Crydom manufactures solid state relays for power control applications in industrial markets. Newall provides encoders and digital readouts to machinery and machine tool markets.
CST, headquartered in California, is a global specialist in designing and manufacturing sensors, controls and actuators. Through its brands, BEI Kimco, BEI Sensors, BEI PSSC, Crouzet, Crydom, Kavlico, Newall and Systron Donner Inertial, CST offers a wide range of reliable and efficient components dedicated to the Aerospace & Defense, Automotive & Truck, Industrial, Medical and Energy & Infrastructure markets. CST generated revenues of $590 million in 2014.
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in fifteen countries. Sensata’s products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications.
Lincoln International acted as a financial advisor to CST on this transaction.
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