The purchase expands the scope of Laird Technologies’ thermal management business into compressor-based temperature control systems for medical, telecommunications, and other end-use markets.
Laird Technologies’ product lines include thermoelectric modules and assemblies, serving these applications.
"This addition enhances our approach to strategic markets, especially medical where we have focused in the last few years with our thermoelectric modules and assemblies capabilities," said Tom Cochran, President of Laird Technologies Performance Materials Division, which includes the Thermal Materials & Systems Business Unit, in a statement.
Klüver, founded in 1973 by Jens Klüver, provides compressor-based cooling systems for digital x-ray systems for medical applications, and is based in Kaltenkirchen in Schleswig-Holstein near Hamburg, Germany.
Klüver will become part of Laird Technologies’ Thermal Materials & Systems Business (Chesterfield, MO) .
Klüver’s revenues for the fiscal year ending December 31, 2010 were €13.0M ($17.9M). The transaction is expected to formally close by March 31, 2011.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.