Sensata completes $580M cash acquisition of Dynapower for energy storage

Sensata Technologies Holding plc

Acquired 100% of Dynapower Company LLC for $580 million in cash on July 12, 2022.
Dynapower supplies inverters, converters, rectifiers, and transformers for renewables, EV charging, and defense.
CEO Jeff Cote says Dynapower accelerates Sensata's Electrification growth vector.
All required regulatory approvals were obtained prior to closing.
Dynapower CEO Adam Knudsen will join Sensata to continue leading the business.

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