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Littelfuse Acquires Shock Block, Inc.

Mary Knoll is pleased to announce that Littelfuse, Inc. (NASDAQ/NGS:LFUS) has completed the acquisition of Mary Knoll client Shock Block, Inc, and its K-Tec branded line of ground-fault protection products. The company, which operates a facility in Dallas, Texas, is a leading supplier of specialty high-current ground-fault protection devices for use in a wide variety of industrial applications.

Littelfuse, Inc. (NASDAQ/NGS:LFUS) has completed the acquisition of Shock Block, Inc, and its K-Tec branded line of ground-fault protection products. The company, which operates a facility in Dallas, Texas, is a leading supplier of specialty high-current ground-fault protection devices for use in a wide variety of industrial applications.

"Shock Block's line of K-Tec branded ground-fault protection devices is an excellent fit for Littelfuse and provides a strong base for further expansion of our electrical business,” said Dal Ferbert, Vice President and General Manager of the Littelfuse POWR-Gard Electrical Business Unit. “The acquisition adds ground-fault protection relays and industrial ground-fault circuit interrupters to our product line and broadens our capabilities in helping industrial customers reduce electrical hazards.”

“We plan to invest in the continued growth of this operation as we add new customers and further expand our industrial safety services,” said Gordon Hunter, Chief Executive Officer of Littelfuse.

Working with the founder and owner, Mr. Stephen Kay, Mary Knoll successfully identified Littelfuse as a strategic buyer and negotiated the sale of this speciality provider of electrial safety solutions. Shock Block, Inc., founded in 1991, enjoyed a leading market position in high technology semi-conductor , coal mining, and entertainment sectors for their ground fault solutions which operate in high power, high risk (moisture) settings.


Written By: host
Date Posted: 7/23/2008
Number of Views: 1242

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