Sentinel Capital Partners, a private equity firm, Monday announced that it has agreed to sell Autronica Fire and Security, a standalone unit of its Spectrum Safety Solutions platform, to MSA Safety Inc., a manufacturer of safety products and technology for around $555 mln.
Sentinel acquired Autronica in 2024 in a carveout of Carrier Global Corporation's industrial fire business, now Spectrum Safety Solutions. The divestiture of Autronica positions Spectrum to focus on its U.S. headquartered detection and monitoring businesses, Det-Tronics and Fireye, the private equity firm said in a statement.
On Monday, MSA shares closed at $165.26, down 0.32% on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.