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Automotive & Mobility Technology | Industrials
2021

Körber has sold Sensitec to Ningbo Sinomags Electrical Technology Co, Ltd.

Client: Körber AG

Client Headquarters: Germany

Target: Sensitec GmbH

Target Headquarters: Germany

Acquirer: Ningbo Sinomags Electrical Technology Co, Ltd.

Acquirer Headquarters: China

Target Description: Sensitec manufactures sensors and sensor systems based on the MagnetoResistive effect for industrial and automotive series applications.

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