M&A Seen Coming In Connector, Sensor Markets
A consolidation wave is expected to continue in the connector and sensor markets, with Amphenol (APH), TE Connectivity, Koch Industries and Sensata Technologies among the strategic buyers, says RBC Capital in a research report. “We should see another year of sustained M&A, with Amphenol as most likely to do large deals, followed by TE Connectivity (TEL) and then Sensata (ST),” wrote RBC analyst Amit Daryanani. Since 2001, there have been more than