Product category:
Circuit Protection Devices
News Release from: Littelfuse UK
Edited by the Electronicstalk Editorial
Team on 02 June 2004
Littelfuse acquires controlling interest
Littelfuse has acquired 82.4% of Heinrich Industrie, the holding company of Wickmann Group.
Littelfuse has acquired 82.4% of Heinrich Industrie, the holding company of Wickmann Group The purchase price was Eur 39.5 million (GBP 26.5 million)
This article was originally published on Electronicstalk on 24 May 2005 at 8.00am (UK)
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Fuses go lead-free
Littelfuse has introduced lead-free versions of its axial-leaded 2AG series of subminiature glass fuses, 3AG glass and ceramic fuses, 3AB ceramic fuses and 5 x 20mm glass and ceramic-bodied fuses.
A mandatory tender offer will be made for the remaining shares in June.
Based in the USA, Littelfuse is a worldwide manufacturer of advanced circuit protection devices for the electronics, automotive and electrical power sectors and offers the industry's widest range of products.
It has manufacturing plants in seven countries and a turnover in 2003 of $340 million (GBP 190 million).
A leading global designer and manufacturer of fuses for the electronics, automotive and electrical industries, Heinrich Industrie with its Wickmann Group has manufacturing plants in three countries.
The group had an aggregated turnover of Eur 82.8 million (GBP 55.6 million) in 2003.
Heinrich is seen as a good strategic fit with Littelfuse as the companies serve many of the same markets with complementary products and both have a commitment to continuous product development, quality and customer service.
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