Littelfuse Completes Acquisition of the 200mm Wafer Fab Located in Dortmund, Germany
December 30 2024 - 6:48AM
Business Wire
Acquisition supports long-term growth strategy
by enhancing power semiconductor capabilities
Littelfuse, Inc. (NASDAQ: LFUS), a diversified industrial
technology manufacturing company empowering a sustainable,
connected, and safer world, today announced it completed the
acquisition of the 200mm wafer fab located in Dortmund, Germany
(“Dortmund fab”) from Elmos Semiconductor SE (FSE: ELG), which will
become effective on December 31, 2024, at midnight (CET).
The completion of the Dortmund fab acquisition, as previously
announced on June 28, 2023, enhances Littelfuse long-term power
semiconductor opportunities across a broad base of industrial end
markets including energy storage, automation, motor drives,
renewables, power supplies, and charging infrastructure.
“We are excited to welcome the talented and highly skilled
Dortmund fab employees to the Littelfuse team,” said Dave
Heinzmann, President & Chief Executive Officer. “This
acquisition supports Littelfuse long-term growth strategy while
expanding our power semiconductor technology offering and
high-quality manufacturing capabilities.”
“The acquisition of the Dortmund fab expands our long-term
organic growth opportunities for broad-based customer demand in
high-growth power conversion applications across industrial end
markets,” said Chad Marak, Senior Vice President and General
Manager, Littelfuse Semiconductor Business. “The Dortmund fab
complements our current footprint while growing our highly skilled
technology team and enhancing our operational capabilities."
About Littelfuse
Littelfuse, 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, and electronics end markets–everywhere,
every day. Learn more at Littelfuse.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241228548154/en/
David Kelley 224-727-2535 dkelley@littelfuse.com
Littelfuse (NASDAQ:LFUS)
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