As it moves to strengthen its Cinch Connector division, which it acquired in 2010, Bel Fuse Inc., Jersey City, N.J., announced last week that it has acquired privately-held Array Connector Corp., a manufacturer of aerospace and mil-spec connector products for more than 20 years. This is the third such acquisition by the manufacturer of high‑speed data transmission, commercial aerospace, military, transportation, and consumer electronic devices.
Miami-based Array Connector had revenue of approximately $10 million for 2012.
Previous acquisitions include GigaCom Interconnect AB, Gothenburg, Sweden, a supplier of expanded beam fiber optic technology which was folded into Cinch Connectors; the Transpower magnetics business from TE Connectivity; and Powerbox Italia S.R.L., Milan, Italy, a supplier of AC/DC power supplies for applications in AC/DC front ends, broadcast communications, and battery charging.
“This is our fifth acquisition in the past 15 months, and the third specifically targeted to support the growth of our Cinch Connector division. With products including miniature 38999 connectors for military communications applications, ARINC809/EN4165 connectors for in-flight entertainment applications, and a line of filtered connectors primarily for military/aerospace applications, the acquisition significantly expands Cinch’s product offerings. Array’s modern machining and molding facilities increase Cinch’s production capacity, and the acquisition also brings new customers, important intellectual property, and strong engineering capabilities. Combined with our recently announced joint venture with Radiall and our other recent acquisitions, we believe this will substantially strengthen Cinch’s position as a first tier provider to domestic and international aerospace, military and commercial customers,” said Daniel Bernstein, Bel’s President and CEO.
Bel Fuse Inc.
www.belfuse.com
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