Littelfuse acquires SymCom
Littelfuse has completed the acquisition of SymCom, Inc. Headquartered in Rapid City, South Dakota, SymCom provides overload relays and pump controllers primarily to the industrial market. The company has sales of approximately $23 million and employs approximately 170 associates. Terms of the acquisition were not disclosed.
“The acquisition of SymCom is an important step forward in our strategy to diversify and grow the Littelfuse protection relay platform,” said Dan Stanek, Vice President and General Manager, Protection Relays and Custom Electrical Products for Littelfuse. “Adding SymCom to our existing mining-focused relay business strengthens our position in the broader industrial market.”
“This is an exciting new phase for SymCom,” said George Dunham, founder of SymCom, Inc. “I believe there is a great opportunity to leverage Littelfuse resources and channel partners to bring SymCom products into new markets and to better serve our existing customers.”