Chicago-based industrial technology manufacturing company Littelfuse recently announced two recent acquisitions: Embed, Ltd. and C&K Switches, the latter being valued at more than $500 million.
Embed is a provider of embedded software and firmware developed for a broad range of applications serving transportation end markets. Embed is headquartered in Coventry, U.K.
“We are excited to welcome the Embed team to Littelfuse,” said Matt Cole, Littelfuse SVP for eMobility and corporate strategy. “The addition of Embed will help us better serve our customers by expanding our software engineering expertise and technical capabilities. With the increasing complexity of electronification within transportation applications, the inclusion of Embed will help Littelfuse respond quickly to the evolving needs of our customers.”
Littlefuse also entered into a definitive agreement with an affiliate of Sun Capital Partners, Inc. to acquire C&K Switches, at an enterprise value of $540 million.
“We are excited to welcome C&K Switches employees to the Littelfuse team,” said Deepak Nayar, SVP and general manager for Littelfuse Electronics Business. “With its strong brand reputation, a long history of design excellence and high-performing products, the addition of C&K Switches will enhance our presence and growth in our target markets. Our complementary go-to-market models — through a combination of direct sales and channel distribution — and expanded product portfolio will serve as a platform for future growth.”