Adding customized magnetic components and ferrite cores to its portfolio, Bourns has announced that has created a newly-formed subsidiary to acquire all shares and interests of the various entities comprising the Kaschke Group with its headquarters in Göttingen, Germany. The terms of the transaction were not disclosed.
Kaschke is a market leader in the field of customized magnetic components and ferrite cores. The company was founded by Kurt Kaschke in 1955 and became known for its high competence in the development and production of application specific magnetic products.
"As one of the few companies that has the capability to design and build ferrite core materials as well as manufacture complex inductive components, Kaschke will bring to Bourns the experience and creativity needed to solve customers' complex application challenges," said Gordon Bourns, Chairman and CEO of Bourns.
Al Yost, President and Chief Operating Officer at Bourns, said "This acquisition is an important element in Bourns' strategy to strengthen our inductive technology capability and broaden our portfolio of innovative magnetic products."
"The combination of Kaschke and Bourns will enable the development of a full portfolio of products that will help our customers meet the challenging EMI filtering requirements of the next generation power supplies in the automotive, industrial and new energy markets," said Silke Baumgartner, President of Kaschke Components.