Littelfuse Buys Majority Stake In Heinrich Industrie

Further strengthening its position in the worldwide circuit protection market, Littelfuse Inc., Des Plaines, Ill., has agreed to acquire an 82 percent stake in Heinrich Industrie AG for approximately $47.2 million in cash.

Littelfuse will purchase the controlling interest in Heinrich Industrie from the company’s two largest shareholders and later this quarter will initiate a tender offer for the remaining shares of the publicly held company. The transaction was expected to take place

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