M&A Deal Summary

Littelfuse Acquires Hamlin

On April 15, 2013, Littelfuse acquired electronics company Hamlin from Key Safety Systems for 145M USD

Acquisition Highlights
  • This is Littelfuse’s 5th transaction in the Electronics sector.
  • This is Littelfuse’s 5th largest (disclosed) transaction.
  • This is Littelfuse’s 7th transaction in the United States.
  • This is Littelfuse’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2013-04-15
Target Hamlin
Sector Electronics
Buyer(s) Littelfuse
Sellers(s) Key Safety Systems
Deal Type Divestiture
Deal Value 145M USD

Target

Hamlin

Lake Mills, Wisconsin, United States
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, inductive and its newly-developed PWG linear sensing technologies, as well as switches and relays.

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Buyer(S) 1

Buyer

Littelfuse

Chicago, Illinois, United States

Category Company
Founded 1927
Sector Electronics
Employees16,000
Revenue 2.4B USD (2023)
DESCRIPTION

Littelfuse is a provider of circuit protection with growing global platforms in power control and sensing. The company serves customers in electronics, automotive and industrial markets with technologies including fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse was founded in 1927 and is based in Chicago, Illinois.


DEAL STATS #
Overall 15 of 27
Sector (Electronics) 5 of 7
Type (Divestiture) 3 of 5
State (Wisconsin) 1 of 1
Country (United States) 7 of 15
Year (2013) 1 of 1
Size (of disclosed) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-01 ACCEL AB

Vänersborg, Sweden

ACCEL is a manufacturer of advanced electromechanical products, including sensors and switches, primarily for the automotive industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-06 SymCom

Rapid City, South Dakota, United States

SymCom provides overload relays and pump controllers primarily to the industrial market. ymCom also manufactures load sensors, alternating relays, intrinsically-safe relays, software, and custom controller boards.

Buy -

Seller(S) 1

SELLER

Key Safety Systems

Sterling Heights, Michigan, United States

Category Company
Founded 1987
Sector Automotive
Revenue 1.0B USD (2012)
DESCRIPTION

Key Safety Systems is a supplier of automotive safety restraint systems and components. KSS supplies a broad range of safety products including airbag components and systems; seat belts; steering wheels; and position and movement sensors. Key Safety Systems was founded in 1987 and is based in Sterling Heights, Michigan.


DEAL STATS #
Overall 2 of 2
Sector (Electronics) 1 of 1
Type (Divestiture) 2 of 2
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-01 VTI Technologies Oy

Vantaa, Finland

VTI Technologies is the global market leader in the design and production of silicon capacitive acceleration and pressure sensors for automotive and industrial applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-26 ImageNext

Seongnam, South Korea

ImageNext Co., Ltd. is a systems development company in the field of automotive electronics, providing advanced image processing solutions that enhance driver safety and convenience. ImageNext Co., Ltd. was founded in 2007 and is based in Seongnam, South Korea.

Buy -