DES PLAINES, Illinois, March 3, 2008
Littelfuse, Inc. (NASDAQ/NGS:LFUS) today announced that it has completed the acquisition of Shock-Block™, Inc, and its K-Tec™ branded line of ground-fault protection products. The company, which operates a facility in Dallas, Texas, is a leading supplier of specialty high-current ground-fault protection devices for use in a wide variety of industrial applications.
"Shock-Block™'s line of K-Tec™ branded ground-fault protection devices is an excellent fit for Littelfuse and provides a strong base for further expansion of our electrical business,” said Dal Ferbert, Vice President and General Manager of the Littelfuse POWR-Gard Electrical Business Unit. “The acquisition adds ground-fault protection relays and industrial ground-fault circuit interrupters to our product line and broadens our capabilities in helping industrial customers reduce electrical hazards.”
“We plan to invest in the continued growth of this operation as we add new customers and further expand our industrial safety services,” said Gordon Hunter, Chief Executive Officer of Littelfuse.
Terms of the transaction were not disclosed.
About Littelfuse
As the worldwide leader in circuit protection products and solutions with annual sales of $536.1 million in 2007, the Littelfuse portfolio is backed by industry leading technical support, design and manufacturing expertise. Littelfuse products are vital components in virtually every product that uses electrical energy, including automobiles, computers, consumer electronics, handheld devices, industrial equipment, and telecom/datacom circuits. Littelfuse offers Teccor®, Wickmann® and Pudenz® brand circuit protection products. In addition to its Des Plaines, Illinois, world headquarters, Littelfuse has sales, distribution, manufacturing and engineering facilities in Brazil, China, England, Germany, Hong Kong, India, Ireland, Japan, Korea, Mexico, the Netherlands, the Philippines, Singapore, Taiwan and the U.S.
For more information, please visit Littelfuse’s web site at www.littelfuse.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.
This press release may include statements that constitute "forward looking statements" within the meaning of federal securities regulations and the Private Securities Litigation Reform Act of 1995. Any forward looking statements contained herein involve risks and uncertainties, including, but not limited to, product demand and market acceptance risks, the effect of economic conditions, the impact of competitive products and pricing, product development and patent protection, commercialization and technological difficulties, capacity and supply constraints or difficulties, exchange rate fluctuations, actual purchases under agreements, the effect of the company’s accounting policies, labor disputes, restructuring costs in excess of expectations and other risks that may be detailed in the company’s Annual Report on Form 10-K for the fiscal year ended December 30, 2006 under the heading “Risk Factors” and elsewhere in the company’s other Securities and Exchange Commission filings. These forward looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, and the company cautions you not to place undue reliance on these forward looking statements as a number of important factors could cause actual future results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward looking statements. The company assumes no obligation to update this forward-looking information, except as required by law.
Product Line Datasheets
- K-tec™ Ground Fault Relays
- - GFR4000 - Download PDF (127 KB)
- - RCD300M2 - Download PDF (94 KB)