Basler Electric has been Acquired by Littelfuse

Basler_Source

GulfStar Group is pleased to announce that Basler Electric Company has been acquired by Littelfuse, Inc. (NASDAQ: LFUS) for a cash consideration of approximately $350 million. GulfStar served as the exclusive financial advisor to Basler throughout the transaction, which closed on December 11, 2025.

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JPEG

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GulfStar Group

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