KLM manufactures mini breakers used as safety components for lithium ion batteries and precision components for electronic equipment. On December 3rd, 2014, Bourns Inc. (“Bourns” or the “Company”) acquired Komatsulite Mfg. Co. Ltd (“KLM”), an Osaka, Japan based financial-sponsor owned business. The acquisition of KLM represents Bourns first acquisition in the Asia Pacific region and the largest transaction in the Company’s history. Bourns acquisition of KLM will create a global leader in the electronics manufacturing sector with an expansive product portfolio and extensive engineering and development capabilities.