CHICAGO--June 1, 2013: Littelfuse, Inc. , the global leader in circuit protection, today announced it has completed the previously announced acquisition of Hamlin, Inc. from Key Safety Systems for $145 million.
“We are pleased that the acquisition has closed on schedule. Hamlin is an excellent addition to our company and a significant step forward in our strategy to build a global sensor platform”
"We are pleased that the acquisition has closed on schedule. Hamlin is an excellent addition to our company and a significant step forward in our strategy to build a global sensor platform," said Gordon Hunter, Chief Executive Officer.
Founded in 1949, Hamlin Electronics is a leader in sensor technology, providing standard products and custom solutions for leading global manufacturers in the automotive and other industries. The company's product line includes reed, hall-effect and its newly-developed PWG linear sensing technologies, as well as switches and relays. Headquartered in Lake Mills, Wis., Hamlin has manufacturing, engineering and sales offices in the U.S., Mexico, Europe and Asia. For more information, please visit the Hamlin website: www.hamlin.com.
Founded in 1927, Littelfuse, Inc., the worldwide leader in circuit protection, offers the industry's broadest and deepest portfolio of circuit protection products and solutions. Littelfuse devices protect products in virtually every market that uses electrical energy, from consumer electronics to automobiles to industrial equipment. In addition to its Chicago, Illinois, world headquarters, Littelfuse has more than 30 sales, distribution, manufacturing and engineering facilities in the Americas, Europe and Asia. Technologies offered by Littelfuse include Fuses; Gas Discharge Tubes (GDTs); Positive Temperature Coefficient Devices (PTCs); PulseGuard ESD Suppressors; SIDACtor Devices; Silicon Protection Arrays (SPA); Switching Thyristors; TVS Diodes and Varistors. The company also offers a comprehensive line of highly reliable Electromechanical and Electronic Switch and Control Devices for commercial and specialty vehicles and Sensors for automobile safety systems, as well as Protection Relays and underground Power Distribution Centers for the safe control and distribution of electricity.