Littelfuse, Inc., an industrial technology manufacturing company that powers 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 strong global presence in a wide range of end markets, including industrial, transportation, aerospace and data communications.
“The combination of our companies significantly expands our technologies and capabilities, enabling us to offer comprehensive solutions 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. “Our businesses are highly complementary and allow us to leverage our collective go-to-market models and global presence.”
C&K has annualized sales of more than $200 million and will be reported in the company's Electronics reporting segment.
Littelfuse financed the transaction through a combination of cash on hand and debt.
“We are pleased to welcome C&K employees to the Littelfuse team and we look forward to their contributions as we continue to execute our long-term growth strategy,” added Navar.
Littelfuse will share additional details about C&K during the company's second quarter fiscal 2022 earnings call.