Littelfuse Inc., an industrial technology manufacturing company empowering a sustainable, connected and safer world, has completed its acquisition of C&K Switches (C&K). C&K is a designer and manufacturer of high-performance electromechanical switches and interconnect solutions with a strong global presence across a broad range of end markets, including industrial, transportation 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 vice president and general manager, Littelfuse Electronics Business.
Source: Littelfuse Inc. “Our businesses are highly complementary and enable us to leverage our collective go-to-market models and global footprints. 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.”
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.
A related slide presentation is available on the Littelfuse website, and the company will share additional details about C&K during its second quarter of fiscal 2022 earnings conference call.
