Littelfuse, Inc. (NASDAQ: LFUS) 是一家致力於打造可持續、互聯和更安全世界的工業技術製造公司，今天宣布已與Sun Capital Partners, Inc. 的附屬公司以 5.4 億美元的企業價值收購 C&K Switches。

C&K Switches 成立於 1928 年，是高性能機電開關和互連解決方案的領先設計商和製造商，在包括工業、交通運輸、航空航天和數據通信在內的廣泛終端市場擁有強大的全球影響力。 C&K Switches 總部位於馬薩諸塞州沃爾瑟姆，在世界各地設有工廠，年銷售額超過 2 億美元。

“我們很高興歡迎 C&K Switches 員工加入 Littelfuse 團隊，”Littelfuse 電子業務高級副總裁兼總經理 Deepak Nayar 說。 “憑藉其強大的品牌聲譽、卓越設計的悠久歷史和高性能產品，C&K Switches 的加入將增強我們在目標市場的影響力和增長。我們互補的上市模式——通過直銷的結合和渠道分銷——以及擴展的產品組合將成為未來增長的平台。”

該交易須符合慣例成交條件和監管批准，預計將於 2022 年第二季度完成。C&K Switches 將在公司的電子報告部門內報告。 Littelfuse 預計通過現金和債務相結合的方式為交易對價提供資金。

Littelfuse 將在公司 2022 財年第一季度財報電話會議上分享有關 C&K Switches 的更多細節。


Wachtell, Lipton, Rosen & Katz 擔任 Littelfuse 的法律顧問，Macfarlanes LLP 擔任英國法律顧問。

CHICAGO, April 08, 2022--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced it has entered into a definitive agreement with an affiliate of Sun Capital Partners, Inc. to acquire C&K Switches at an enterprise value of $540 million. Founded in 1928, C&K Switches is a leading 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, aerospace, and datacom. Headquartered in Waltham, Massachusetts, with facilities located around the world, C&K Switches has annualized sales of over $200 million.

"We are excited to welcome C&K Switches employees to the Littelfuse team," said Deepak Nayar, Senior Vice President and General Manager, Littelfuse Electronics Business. "With its strong brand reputation, a long history of design excellence and high-performing products, the addition of C&K Switches will enhance our presence and growth in our target markets. Our complementary go-to-market models — through a combination of direct sales and channel distribution — and expanded product portfolio will serve as a platform for future growth."

The transaction is subject to customary closing conditions and regulatory approvals and is expected to close during the second calendar quarter of 2022. C&K Switches will be reported within the company’s Electronics reporting segment. Littelfuse expects to finance the transaction consideration through a combination of cash and debt.

Littelfuse will share additional details about C&K Switches during the company’s first quarter of fiscal 2022 earnings conference call.

Wachtell, Lipton, Rosen & Katz is serving as legal counsel and Macfarlanes LLP is serving as UK legal counsel to Littelfuse.


文章取自於:美國商業資訊