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Littelfuse Completes Acquisition of Basler Electric
CHICAGO--(BUSINESS WIRE)-- Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer,
About this update from Littelfuse, Inc.
[{"type":"text","content":" CHICAGO--(BUSINESS WIRE)--\nLittelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced the completion of its previously announced acquisition of Basler Electric Company (“Basler”), further strengthening the company’s high-power application capabilities.\n\nBasler is a leading designer and manufacturer of innovative electrical control and protection technologies serving high-growth industrial markets. Its portfolio of advanced solutions regulates and protects mission-critical power equipment for a broad and expanding customer base.\n\nAs part of the Littelfuse Industrial Segment, Basler is expected to:\n\n\nExpand Littelfuse presence in mission-critical, secular growth industrial markets such as grid and utility infrastructure, power generation, and data center\n\n\nEnhance high-power application capabilities through a comprehensive and reliable portfolio of controls and protection systems\n\n\nComplement Littelfuse industrial technology offering, resulting in a more complete solution set and broader customer access\n\n\nDeliver value creation through growth and operational enhancement opportunities; the acquisition is expected to be accretive to Adjusted EPS in 2026\n\n\n“The closing of the Basler acquisition marks a strong step forward in advancing our strategic priorities. Basler’s comprehensive technology portfolio and proven expertise in electrical control and protection solutions enhance our ability to serve customers driving the next-generation technology innovations across high-growth industrial markets,” said Greg Henderson, President and CEO of Littelfuse. “The Basler team brings a long history of innovation and deeply embedded customer partnerships, and we are pleased to welcome them to Littelfuse as we move forward to drive long-term growth and deliver meaningful value for our customers and shareholders.”\n\nAbout Littelfuse\n\nLittelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 16,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation,...