Company Announcements

CHICAGO--(BUSINESS WIRE)--Dec. 11, 2025-- Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced the completion of its previously announced acquisition of Basler Electric Company (“Basler”), further strengthening the company’s high-power application capabilities.

Basler is a leading designer and manufacturer of innovative electrical control and protection technologies serving high-growth industrial markets. Its portfolio of advanced solutions regulates and protects mission-critical power equipment for a broad and expanding customer base.

As part of the Littelfuse Industrial Segment, Basler is expected to:

• Expand Littelfuse presence in mission-critical, secular growth industrial markets such as grid and utility infrastructure, power generation, and data center
• Enhance high-power application capabilities through a comprehensive and reliable portfolio of controls and protection systems
• Complement Littelfuse industrial technology offering, resulting in a more complete solution set and broader customer access
• Deliver value creation through growth and operational enhancement opportunities; the acquisition is expected to be accretive to Adjusted EPS in 2026

“The closing of the Basler acquisition marks a strong step forward in advancing our strategic priorities. Basler’s comprehensive technology portfolio and proven expertise in electrical control and protection solutions enhance our ability to serve customers driving the next-generation technology innovations across high-growth industrial markets,” said Greg Henderson, President and CEO of Littelfuse. “The Basler team brings a long history of innovation and deeply embedded customer partnerships, and we are pleased to welcome them to Littelfuse as we move forward to drive long-term growth and deliver meaningful value for our customers and shareholders.”

About Littelfuse

Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 16,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation, and electronics end markets–everywhere, every day. Learn more at Littelfuse.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

The statements in this press release that are not historical facts, including statements with respect to the expected results of the closing of the acquisition, are intended to constitute “forward-looking statements” entitled to the safe-harbor provisions of the Private Securities Litigation Reform Act. Such statements are based on Littelfuse’s current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, risks and uncertainties relating to general economic conditions; product demand and market acceptance; economic conditions; the impact of competitive products and pricing; product quality problems or product recalls; capacity and supply difficulties or constraints; coal mining exposures reserves; cybersecurity matters; failure of an indemnification for environmental liability; changes in import and export duty and tariff rates; exchange rate fluctuations; commodity price fluctuations; the effect of the Company's accounting policies; labor disputes and shortages; restructuring costs in excess of expectations; pension plan asset returns less than assumed; uncertainties related to political or regulatory changes; integration of acquisitions may not be achieved in a timely manner, or at all; limited realization of the expected benefits from investment and strategic plans; the risk of stockholder litigation relating to the acquisition, including resulting expense or delay; higher than expected or unexpected costs associated with or relating to the acquisition; the risk that expected benefits, synergies and growth prospects of the acquisition may not be achieved in a timely manner, or at all; the risk that Basler’s business may not be successfully integrated with Littelfuse’s following the closing; the risk that Littelfuse and Basler will be unable to retain and hire key personnel; the risk that disruption from the acquisition may adversely affect Littelfuse’s or Basler’s business and its relationships with its customers, suppliers or employees; and other risks which may be detailed in the company’s SEC filings. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated or implied in the forward-looking statements. This release should be read in conjunction with information provided in the financial statements appearing in the company's Annual Report on Form 10-K for the year ended December 28, 2024. Further discussion of the risk factors of the company can be found under the caption “Risk Factors” in the company’s Annual Report on Form 10-K for the year ended December 28, 2024, and in other filings and submissions with the SEC, each of which are available free of charge on the company’s investor relations website at investor.littelfuse.com and on the SEC’s website at sec.gov. These forward-looking statements are made as of the date hereof. The company does not undertake any obligation to update, amend or clarify these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the availability of new information.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20251210609239/en/

David Kelley
224-727-2535
dkelley@littelfuse.com

Source: Littelfuse, Inc.