Majority stake Announced Jun 2007 Closed Jul 2007 Verified
Sensata Technologies Closes Acquisition of Airpax Holdings
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Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Sensata Technologies, Inc. closed its previously announced acquisition of Airpax Holdings, Inc., a manufacturer of power protection, sensing, and control components. The purchase price was $276 million, funded with cash and new borrowings including a euro 141 million senior subordinated term loan arranged by Morgan Stanley, Bank of America, and Goldman Sachs.