Sensata increases its stake control in Lithium Balance.

Sensata Technologies, an USA-based industrial technology company that develops sensors, sensor-based solutions, announced the majority acquisition of Copenhagen, Denmark-based Lithium Balance.

Financial details remained undisclosed. The deal is made as in 2019 Sensata was involved in a capital infusion and a secondary transaction with other Lithium Balance investors, getting Sensata's control of shares to 24%.

Lithium Balance, founded in 2006 and led by CEO Lars Barkler, is developing, manufacturing and selling Battery Management Systems (BMS).