Bourns Acquires Circuit Protection Component Firm, KEKO-Varicon

July 17, 2019 by Scott McMahan

Bourns, Inc. reported that a member of the Bourns group of companies has acquired all shares of KEKO-Varicon d.o.o. Žužemberk (KEKO-Varicon). The acquisition is from the company's three shareholders, consisting of two members of the MSIN Group and one minority shareholder. KEKO-Varicon is a leading supplier of over-voltage protection products that include varistors and EMI suppression. Financial terms of the transaction were not disclosed.

Along with adding breadth and depth to Bourns' over-voltage and over-current protection product portfolio, KEKO-Varicon brings a strong employee base. It also provides superior overvoltage protection technologies, expanded R&D. KEKO-Varicon's products have been designed into a wide variety of low voltage board level (LVBL), automotive electronics, telecommunication, AC-line, TVSS, and high-energy industrial equipment applications.

Production facility assets will also be transferred to Bourns as part of the acquisition. KEKO-Varicon's headquarters and production facilities are located in Slovenia, EU.

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The existing circuit protection portfolio from Bourns includes metal oxide varistors (MOVs), gas discharge tubes (GDTs), transient voltage suppressor (TVS) diodes and arrays, thyristor surge protectors, power TVS diodes, polymer PTC resettable fuses, TBU® High-Speed Protectors (HSPs), ESD suppressors, and mini-breaker thermal cutoff (TCO) devices.

"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."