Wall Street Likes Sensata’s Plan To Buy Schrader

By | August 18, 2014

Scalper1 News

Sensata Technologies’ offer to buy tire-pressure monitoring sensors maker Schrader International for a total enterprise value of about $1 billion would create a global giant in the hot market for smart tires and other features. Like Gentherm’s (THRM) auto-seat heating and cooling systems, Sensata’s (ST) and Schrader’s sensors were at one time confined to luxury cars such as BMW and General Motors’ (GM) Cadillac. But they have become standard on Scalper1 News

Scalper1 News