Bourns Acquires KEKO-Varicon d.o.o. Žužambrek

RIVERSIDE, Calif. - Bourns, Inc. announced that a member of the Bourns group of companies has acquired all shares of KEKO-Varicon d.o.o. Žužambrek (KEKO-Varicon) from its three shareholders, consisting of two members of the MSIN Group and one minority shareholder. KEKO-Varicon is a leading manufacturer of overvoltage protection products that include varistor and EMI suppression products. Financial terms of the transaction were not disclosed.

Along with adding breadth and depth to Bourns' industry-leading overvoltage and overcurrent protection portfolio, KEKO-Varicon brings a strong employee base, superior overvoltage protection technologies, expanded R&D, and production facility assets as part of the acquisition. Bourns' existing circuit protection portfolio includes gas discharge tubes (GDTs), metal oxide varistors (MOVs), thyristor surge protectors, transient voltage suppressor (TVS) diodes and arrays, Power TVS diodes, Polymer PTC resettable fuses, TBU® High-Speed Protectors (HSPs), mini-breaker thermal cutoff (TCO) devices, and ESD suppressors.

"The acquisition allows Bourns to gain a significant strategic advantage in the range of protection solutions we can offer our customers, particularly in addressing the strict requirements of the automotive industry," said Erik Meijer, President and COO of Bourns, Inc. "Acquiring KEKO-Varicon further reinforces Bourns' ability to meet both complex technology and on-time delivery needs with an even stronger global organization to deliver the highest quality circuit protection devices."

Additional company and product information is available at www.keko-varicon.si and www.bourns.com.