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Littelfuse Inc Announces Acquisition of Hamlin

Monday, 15 Apr 2013 05:21pm EDT 

Littelfuse Inc announced it has signed a definitive agreement to acquire Hamlin, Inc. from Key Safety Systems for $145 million in a cash transaction. Hamlin is dedicated to providing sensor technology to the automotive industry as well as the electronics and industrial markets. Hamlin is a global company whose principal facilities are in Lake Mills, Wisconsin; Norwich, UK; Suzhou, China and Matamoros, Mexico. Hamlin had sales of approximately $76 million in 2012. Completion of the transaction is subject to the expiration or termination of the applicable Hart-Scott-Rodino waiting period and other customary closing conditions. This transaction is expected to close by the end of May. 

Company Quote

0.03 +0.03%
16 Sep 2014