Boston, MA Nixon Peabody LLP advised industrial technology company Sensata Technologies, Inc. (NYSE: ST), in closing the divestment of its valves business to automotive and electric parts company Pacific Industrial Co., Ltd.
Sensata Technologies, Inc., makes electrical protection, sensing, control and power management technology for a number of industries, including automotive, aviation and telecommunications.
Nixon Peabody LLP’s deal team was led by corporate partner Christopher Keefe and included: corporate partners Thomas McCord and Shahzad Malik, and associates Dustin Hawks and Caitlin Duncan; labor and employment partner Jeffrey Gilbreth; complex commercial disputes partner Alycia Ziarno and associate Brian Whittaker; and intellectual property counsel David Crosby.
The transaction closed on August 31, 2018, for approximately $173M.
For further information, please see the press release: Sensata Technologies Completes Divestment of Valves Business to Pacific Industrial Co.
