TE Connectivity (TE) has signed a definitive agreement to acquire the Kissling group of companies, a provider of high- power relays and ruggedised switches used in the commercial vehicle, transportation, industrial, military and aviation industries as well as other applications.
The transaction is expected to close 30 May, 2019, following the completion of customary regulatory approvals.
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With the acquisition, TE is expanding its portfolio of speciality relays and switches to support the needs of industrial and commercial transportation customers; truck, bus, construction and other specialised vehicle manufacturers.
“Kissling has an established reputation as an innovation leader in building hardware with products that have a solid performance track record in the commercial vehicle, transportation and industrial markets,” said TE Industrial and Commercial Transportation business unit SVP and general manager, Aaron Stucki.
“Their speciality relays, ruggedised switches and expertise in electronics for smart relays and power distribution, combined with TE’s portfolio, global footprint and close customer partnerships, will allow us to strengthen our support for customers in markets around the world.”
Headquartered in Wildberg, Germany, Kissling is a privately owned company with around 450 employees at sites in Germany, Switzerland, Slovakia, Spain and the US.
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By GlobalDataTE and Kissling will continue to operate as independent companies until the acquisition closes, after which Kissling and the Kissling brand will become part of TE’s Industrial and Commercial Transportation business.
