Littelfuse Finalizes C&K Switches Deal - Modern Distribution Management

Littelfuse Finalizes C&K Switches Deal

The industrial technology manufacturing company financed the transaction through a combination of available cash and debt.
m&a

Chicago-based industrial technology manufacturing company Littelfuse has completed its acquisition of C&K Switches, a designer and manufacturer of electromechanical switches and interconnect solutions.

“The combination of our companies significantly expands our technologies and capabilities, enabling us to deliver a comprehensive-solutions offering to our broad customer base, across a wide range of vertical end markets,” said Deepak Nayar, senior vice president and general manager of Littelfuse Electronics Business. “Our businesses are highly complementary and enable us to leverage our collective go-to-market models and global footprints. It is a pleasure to welcome the C&K employees to the Littelfuse team, and we look forward to their contributions, as we continue to execute on our long-term growth strategy.”

C&K has annual sales of over $200 million and will be reported within the Littelfuse’s electronics reporting segment. Littelfuse said it financed the deal through a combination of available cash and debt.

In its initial announcement in April, Littelfuse said it entered into a definitive agreement with an affiliate of Sun Capital Partners, Inc. to acquire C&K at an enterprise value of $540 million.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!