Cole Hersee Acquired By Littelfuse Inc.
Jan 4, 2011 12:46 PM
Cole Hersee Company has been acquired by Littelfuse Inc. of Chicago, Illinois, with the combined company positioned to better serve OEMs and aftermarket customers in the heavy-vehicle sector.
“This is a great fit,” Donald Mayer, Vice President of Cole Hersee, said. “We think the combination with Littelfuse will enable us to bring new products and capabilities to our customers, and provide new opportunities to serve them.”
"The acquisition of Cole Hersee is a significant step in our strategy to expand our OTB (Off-Road, Truck & Bus) business,” said Dieter Röder, Vice President and General Manager, Littelfuse Automotive Business Unit. “We expect the Cole Hersee acquisition to strengthen key customer relationships, expand our distribution network in North America and extend our product offering to adjacent markets and technologies. 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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