Littelfuse, Inc., the global leader in circuit protection, today announced it has completed the previously announced acquisition of Hamlin, Inc. from Key Safety Systems for $145 million.
“We are pleased that the acquisition has closed on schedule. Hamlin is an excellent addition to our company and a significant step forward in our strategy to build a global sensor platform,” said Gordon Hunter, Chief Executive Officer.
Founded in 1949, 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 and its newly-developed PWG linear sensing technologies, as well as switches and relays. Headquartered in Lake Mills, Wis., Hamlin has manufacturing, engineering and sales offices in the U.S., Mexico, Europe and Asia. For more information, please visit the Hamlin website.
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Source: Business Wire