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Non-Tech : Littelfuse, Inc. (NasdaqNM:LFUS)

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From: JakeStraw	12/22/2010 8:03:28 AM
	of 11

Littelfuse Announces Acquisition of Cole Hersee Company finance.yahoo.com Wednesday December 22, 2010 CHICAGO--(BUSINESS WIRE)-- Littelfuse, Inc. (NASDAQ:LFUS) today announced that it has purchased all the outstanding stock of Cole Hersee Co. Cole Hersee, which is based in Boston, Massachusetts, is a recognized leader in the off-road, truck and bus (OTB) market with annual revenues of approximately $43 million. "The acquisition of Cole Hersee is a significant step in our strategy to expand our OTB business,” said Dieter Röder, Vice President and General Manager of Littelfuse’s Automotive Business Unit. “We expect the Cole Hersee acquisition to strengthen key customer relationships, expand our distribution network and extend our product offering. Their focus on power management products and heavy duty electromechanical and solid-state switches for DC electrical systems expands our offering to this diverse OTB customer base.”

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