Littlefuse, Inc. acquires ACCEL

Founded in 1927, Littelfuse, Inc., the worldwide leader in circuit protection, offers a portfolio of circuit protection products and solutions. Littelfuse devices protect products in virtually every market that uses electrical energy, from consumer electronics to automobiles to industrial equipment. In addition to its Chicago, Illinois, world headquarters, Littelfuse has more than 20 sales, distribution, manufacturing and engineering facilities in the Americas, Europe and Asia.

Technologies offered by Littelfuse include Fuses; Gas Discharge Tubes (GDTs); Positive Temperature Coefficient Devices (PTCs); Protection Relays; PulseGuard® ESD Suppressors; SIDACtor® Protection Thyristors; TVS Diode Arrays (SPA™ Family of Products); Switching Thyristors; TVS Diodes and Varistors. The company also offers a comprehensive line of highly reliable Electromechanical and Electronic Switch and Control Devices for commercial and specialty vehicles, as well as underground Power Distribution Centers for safe control and distribution of electricity in mining operations.

ACCEL is a leading supplier and manufacturer of electric and electromechanical products and components for the automotive industry. Its products are marketed through four main product groups: solar sensors, hall sensors for passenger retention systems, water in fuel sensors and steering wheel switches. Founded in 1987, ACCEL began as a marketing and technical support company for Japanese and Italian component manufacturers. In 1994, its Lithuanian production plant, UAB ACCEL Elektronika, was established in co-operation with UAB Terra, a Lithuanian electronics company. The company has approximately 300 employees.

Magnus Nilsson, Managing Director of ACCEL, said, “We are excited to join Littelfuse. The company’s strong global presence will enable us to better serve our customers and expand our business into new geographies. The good cultural fit and many synergies between the two companies will provide long-term benefits for both organizations.”

Lars Weibull AB acted as advisor to the seller and if You want to learn more about the transaction feel free to contact project manager Ola Weibull on +46 761 260 307 or ola.weibull@weibull.se.

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