Honeywell has reached a definitive agreement to sell its automotive on-board (AoB) sensor products business to sensor components provider Sensata Technologies, Almelo, Netherlands, for US$140m. The transaction is expected to close in early 2011. "This divestiture is consistent with Sensing and Control's strategy to focus on our core segments, including industrial, Subscribe to Automotive World … Continued
Honeywell has reached a definitive agreement to sell its automotive on-board (AoB) sensor products business to sensor components provider Sensata Technologies, Almelo, Netherlands, for US$140m. The transaction is expected to close in early 2011.
"This divestiture is consistent with Sensing and Control's strategy to focus on our core segments, including industrial,
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https://www.automotiveworld.com/articles/84465-us-honeywell-in-deal-to-sell-aob-products-business/
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