Industrial technology manufacturing company Littelfuse, Inc. (NASDAQ: LFUS) completes the acquisition of the 200nm wafer fab located in Dortmund, Germany from Elmos Semiconductor SE (FSE: ELG).
The acquisition was previously announced on June 28, 2023 and will be effective on December 31, 2024 at midnight (CET). The completion of this Dortmund fab acquisition will enhance Littelfuse’s long-term power semiconductor opportunities across a broad base of industrial end markets including energy storage, automation, motor drives, renewables, power supplies, and charging infrastructure.
“We are excited to welcome the talented and highly skilled Dortmund fab employees to the Littelfuse team,” said Dave Heinzmann, President & Chief Executive Officer. “This acquisition supports Littelfuse long-term growth strategy while expanding our power semiconductor technology offering and high-quality manufacturing capabilities.”
“The acquisition of the Dortmund fab expands our long-term organic growth opportunities for broad-based customer demand in high-growth power conversion applications across industrial end markets,” said Chad Marak, Senior Vice President and General Manager, Littelfuse Semiconductor Business. “The Dortmund fab complements our current footprint while growing our highly skilled technology team and enhancing our operational capabilities.”
