The deal further expands TE’s portfolio for hybrid electric commercial vehicle solutions.
Munich – TE Connectivity (TE), a world leader in connectivity and sensors, has signed a definitive agreement to acquire the Kissling group of companies (Kissling or Kissling Group), a provider of high- power relays and ruggedized switches used in the commercial vehicle, transportation, industrial, military and aviation industries as well as other applications. The transaction is expected to close May 30, 2019, following the completion of customary regulatory approvals.
“Kissling has an established reputation as an innovation leader in building mission-critical hardware with products that have a solid performance track record in the commercial vehicle, transportation and industrial markets,” said Aaron Stucki, senior vice president and general manager of TE’s Industrial & Commercial Transportation business unit. “Their specialty relays and ruggedized switches and expertise in electronics for smart relays and power distribution, combined with TE’s broad 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 that has about 450 employees at sites in Germany, Switzerland, Slovakia, Spain and the U.S. TE 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 & Commercial Transportation business.