Automotive Acquisitions in 2010
Acquisition Volume in Automotive in 2010 by Year
Last 5 years
Actual
Full-year estimate
-
December 22, 2010
- Buyer
- Littelfuse, Inc.
- Target
- Cole Hersee Company
- Industry
- Automotive
- Location
- Massachusetts, United States
- Type
- Buyout
Littelfuse, Inc. (NASDAQ: LFUS) has acquired all outstanding stock of Cole Hersee Company for $50 million in cash to expand its off-road, truck and bus (OTB) business. The purchase brings Cole Hersee’s power-management and heavy-duty electromechanical and solid-state switch products into Littelfuse’s portfolio, strengthening customer relationships, distribution and product offerings.
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