Littelfuse, Inc., an industrial technology manufacturing company empowering a sustainable, connected, and safer world, recently announced the completion of its acquisition of C&K Switches.
C&K is a designer and manufacturer of high-performance electromechanical switches and interconnect solutions with a strng global presence across a broad range of end markets, including industrial, transportation, aerospace, and datacom.
“The combination of our companies significantly expands our technologies and capabilities, enabling us to deliver a comprehensive solutions offering to our broad customer base, across a wide range of vertical end markets,” said Deepak Nayar, Senior VP and GM, Littelfuse Electronics Business. “Our businesses are highly complementary and enable us to leverage our collective go-to-market models and global footprints.”
C&K has annualized sales of over $200 million and will be reported within the company’s Electronics reporting segment.
Littelfuse financed the transaction consideration through a combination of available cash and debt.
“It is a pleasure to welcome the C&K employees to the Littelfuse team, and we look forward to their contributions, as we continue to execute on our long-term growth strategy,” added Navar.
Littelfuse will share additional details about C&K during the company’s second quarter of fiscal 2022 earnings conference call.
Filed Under: Acquisitions and Partnerships, News
Questions related to this article?
👉Ask and discuss on Electro-Tech-Online.com and EDAboard.com forums.
Tell Us What You Think!!
You must be logged in to post a comment.