Sensata Takes Honeywell Unit

December 21 2006

Sensata Technology BV, an Attleboro, Mass.-based portfolio company of Bain Capital, has completed its acquisition of Honeywell‘s First Technology Automotive and Special Products (FTAS) business. Sensata secured a Euro 73 million credit facility extension to help finance the deal, although additional transaction terms were not disclosed. www.sensata.com www.honeywell.com

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