LITTELFUSE INC /DE
FORM
8-K
(Current report filing)
Filed 08/29/16 for the Period Ending 08/29/16
Address
Telephone
CIK
Symbol
SIC Code
Industry
Sector
Fiscal Year
8755 WEST HIGGINS ROAD
CHICAGO, IL 60631
773-628-1000
0000889331
LFUS
3613 - Switchgear and Switchboard Apparatus
Electronic Instr. & Controls
Technology
12/31
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
August 29, 2016
Date of Report (Date of Earliest Event Reported)
LITTELFUSE, INC.
(Exact name of registrant as specified in its charter)
Delaware
0-20388
36-3795742
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
8755 W. Higgins Road, Suite 500, Chicago, IL 60631
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (773) 628-1000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01.
Other Events.
On August 29, 2016, Littelfuse, Inc. (the “Company”) issued a press release announcing that the Company had completed its acquisition of a product
portfolio of transient voltage suppression diodes, switching thyristors and insulated gate bipolar transistors for automotive ignition applications from ON
Semiconductor Corporation for a combined purchase price of $104 million. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01.
(d)
Financial Statements and Exhibits.
Exhibits.
Exhibit No.
99.1
Description
Littelfuse, Inc. press release, dated August 29, 2016.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
LITTELFUSE, INC.
DATE: August 29, 2016
By:
Name:
Title:
/s/ Meenal A. Sethna
Meenal A. Sethna
Executive Vice President and Chief Financial
Officer
EXHIBIT INDEX
Exhibit No.
99.1
Description
Littelfuse, Inc. press release, dated August 29, 2016.
Exhibit 99.1
NEWS RELEASE
LITTELFUSE COMPLETES ACQUISITION OF SELECT PRODUCT PORTFOLIO FROM
ON SEMICONDUCTOR
CHICAGO, August 29, 2016 – Littelfuse, Inc. (NASDAQ:LFUS) today announced it has completed its acquisition of a select product portfolio from ON
Semiconductor Corporation. The product portfolio includes transient voltage suppression (TVS) diodes, switching thyristors and insulated gate bipolar transistors
(IGBT) for automotive ignition applications. The product portfolio has annualized sales of approximately $55 million. The purchase price was $104 million.
“The acquisition aligns with our strategy to expand in power semiconductor applications, as well as increase our presence in the automotive electronics market,”
said Ian Highley, senior vice president and general manager, semiconductor products and chief technology officer for Littelfuse.
About Littelfuse
Founded in 1927, Littelfuse is the world leader in circuit protection with growing global platforms in power control and sensing. The company serves customers in
the electronics, automotive and industrial markets with technologies including fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse has over
10,000 employees in more than 40 locations throughout the Americas, Europe and Asia. For more information, please visit the Littelfuse website: Littelfuse.com .
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CONTACT:
Investors:
Meenal Sethna
Executive Vice President and CFO
+1 (773) 628-0616
LFUS-A
News Media:
David Kurt
Manager, Corporate Communications
+1 (773) 628-0726