LITTELFUSE Business Summary

Littelfuse Inc. (LFUS) is a global industrial technology manufacturer that generates revenue through the design and sale of circuit protection, power control, and sensing solutions. The company operates through three primary business segments: Electronics, which provides passive and semiconductor protection components; Transportation, focusing on automotive and commercial vehicle sensors and fuses; and Industrial, which offers power distribution and heavy-duty protection relays. Following its late-2025 acquisition of Basler Electric, Littelfuse has significantly expanded its footprint in grid infrastructure and high-power industrial applications. The company competes directly with Eaton (Bussmann), TE Connectivity, and Sensata Technologies, maintaining a dominant market position as the world leader in circuit protection while aggressively pivoting toward high-growth electrification and renewable energy markets. Founded in 1927 by Edward V. Sundt, the company is currently led by President and CEO Dr. Greg Henderson, who assumed the role in February 2025 after serving as a Senior Vice President at Analog Devices (ADI) and holding leadership positions at IBM and Tyco Electronics. The executive team includes EVP and CFO Abhi Khandelwal, a former CFO of IDEX Corporation and Multi-Color Corporation, and SVP Eyal Altman, who oversees digital and information technology. The company’s governance is supported by a seasoned Board of Directors, including Chairman Gordon Hunter and notable members such as Kristina Cerniglia, CEO of Briggs & Stratton. Littelfuse is primarily owned by institutional heavyweights, with Vanguard Group, BlackRock, and State Street Corp holding the largest equity stakes.