First Sensor AG Plans Sale of Subsidiary to TE Connectivity

First Sensor AG, based in Berlin, announced plans to sell its subsidiary, First Sensor Lewicki GmbH, located in Oberdischingen, Germany, to TE Connectivity. The purchase price is approximately EUR 29.5 million. This transaction aims to integrate First Sensor into the TE Group and refocus on First Sensor AG's core business. Despite the sale, supply relationships between First Sensor AG and its subsidiary will be maintained. The sale is expected to be finalized by the end of 2025.

R. H.

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