Sensata Technologies acquires Wabash Technologies

Sensata Technologies (ST +0.8%) acquires positional, speed, and engine timing sensor maker Wabash Technologies from Sun Capital Partners. Terms are undisclosed.

Wabash expects to generate revenue of ~$75M in 2013, and employees 960 people. COO Jeff Cote expects the acquisition to be accretive to earnings in 2014 ex. integration costs.

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