Ashurst has advised an affiliate of Sun Capital Partners on the sale of C&K Switches Group, a manufacturer of electromechanical switches, to Littelfuse, Inc. for an enterprise value of $540 million. The transaction remains subject to customary regulatory approvals.
Sun Capital Partners acquired C&K in September 2017 and has been instrumental in accelerating its growth and improving its market positioning.
In 5 years under Sun Capital Partners' ownership, C&K has considerably developed its potential, notably via the completion of two strategic acquisitions (Vuillermoz in 2018 and EIS Electronics in 2021) and through its product portfolio, which offers more than 8.5 million switch combinations for industry, transportation or aerospace. Based in the United States (Massachusetts), the company also has a strong presence in France, Germany, India, Vietnam and China.
Given the size of the transaction, a large part of Ashurst's network was called upon to assist with the deal, which was led from Paris.
Paris Ashurst team was led by Corporate partner Noam Ankri, supported by partners Pierre Roux (Finance), Olivier Dorgans (Compliance), Jacques Dabreteau (Public Law - Foreign Investments), Muriel Pariente (Employment) and Philippe None (Real Estate). The team was assisted by Counsel David Noblinski (Real Estate), senior associates Sylvain Kabeya (Corporate), Elsa Decourt (Corporate) and Kvin Boyero (Finance) as well as associates Camilla Booth-Clibborn (Corporate), Alexandra Ber (Corporate), Camille Mayet (Compliance), Tristan Choppin de Janvry (Public Law), Karen Aboukrat (Employment), Marianna Sajus (Real Estate) and Sophie Plaquevent (Real Estate).
In Germany, the team consisted of partners Jan Ischreyt (Corporate), Jan Krekeler (Corporate), Nicholas Deuerling (Real Estate), Lukas Mller (Employment), counsels Holger Mlynek (Major Projects), Nikolos Tsagareli (Finance) and associate Carolin Siebeck (Real Estate).
In Luxembourg, the team gathered partners Isabelle Lentz (Corporate), Paul Witte (Corporate), Fabien Debroise (Finance) and associates Laurence Latuillerie (Corporate) and Sacha Nesviginsky (Corporate).
In China and Hong Kong, corporate partners Frank Bi and Michael Sheng were assisted by senior associate Derek Wang and associates Chloe Xiang, Hetty Li, Lisette Chan and Valerie Tay.
In New York and Los Angeles, partners Wes Strickland (Corporate) and Michael Neary (Corporate/Finance) were assisted by associate Nathan Huynh (Corporate/Finance).
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For further media information/interview opportunities please contact:
Suzanne Harley T +44 (0)141 375 4748 E Suzanne.Harley@ashurst.com
Notes to editors:
Ashurst is a leading international law firm with world class capability and a prestigious global client base. The firm's in-depth understanding of its clients and commitment to providing exceptional standards of service has seen it become a trusted adviser to local and global corporates, financial institutions and governments on all areas of commercial law. The firm's people are its greatest asset and it brings together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice clients need.
Ashurst has 29 offices in 17 countries and offers the reach and insight of a global network, combined with the knowledge and understanding of local markets. With 400 partners and a further 1,600 lawyers working across 11 different time zones, the firm is able to respond to clients wherever and whenever required. As a global team, Ashurst has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects and delivering outstanding outcomes for clients.
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LITTELFUSE, INC. 
