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2021: Purchase of electronic component manufacturer Carling Technologies for $315 million
On October 20, 2021, electronic component manufacturer Littelfuse announced that it had agreed to buy Carling Technologies for $315 million. The deal is expected to close in the fourth quarter of 2021. Carling Technologies, a private company, offers switching, circuit protection and energy distribution technologies, mainly for passenger and off-road vehicle markets, sea ships, and data infrastructure. Its annual sales are about $170 million. More details here.
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