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Littelfuse to acquire Dortmund fab from Elmos Semiconductor for €93m.

Synopsis

Littelfuse, a diversified, industrial technology manufacturing company, agreed to acquire Dortmund fab from Elmos Semiconductor, a manufacturer of semiconductor products, for €93m. “The acquisition of the 200mm Dortmund wafer fab is an important element in our long-term growth strategy for power semiconductors. Key to our sustained success is expanding our portfolio of technologies and growing internal capabilities to enable us to meet the increasing demands of our customers in high-growth power conversion applications. The Dortmund fab complements our current footprint, adding a highly experienced team and an efficient high-quality wafer processing operation. We are excited about the future prospects of our combined teams and capabilities, which I am confident will continue to position us for long-term profitable growth,” Chad Marak, Littelfuse Senior Vice President and General Manager.

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