Littelfuse announced in a statement its pending acquisition of Carling Technologies for $315 million. Based in Plainville, Conn., Carling is a switching and circuit protection technology provider in the marine, commercial vehicle and datacom/telecom markets.
Carling reports annual sales of approximately $170 million. The companies will operate independently until the transaction is complete in the fourth quarter, subject to closing conditions and regulatory approvals.
“With its strong brand name and a long history of innovation, quality and reliability, Carling enhances our presence and growth in commercial vehicles and communications infrastructure,” Dave Lesperance, Littelfuse vice president and general manager, said in a statement.
Chicago-based Littelfuse, an industrial technology manufacturing company whose markets include marine, will offer more about Carling during its third quarter earnings call Oct. 27.
“Joining a world-class organization like Littelfuse will accelerate our business plans and provide expanded opportunities for our employees around the world,” said Carling president and CEO Richard Sorenson Sr.
