Sensata Technologies acquires Wabash Technologies

|About: Sensata Technologies Holding N.V. (ST)|By:, SA News Editor

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.