Sensata Technologies Holding NV (NYSE: ST) is picking up Custom Sensors & Technologies Inc. in a $1 billion deal.

Moorpark, California-based Custom designs and manufactures sensors, controls and actuators. The business includes the Kavlico, BEI, Crydom and Newall product lines, plus sales, engineering and manufacturing sites in the U.S., U.K., Germany, France, China and Mexico. During the last 12 months, the group generated about $320 million in revenue.

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