Date: 02/02/2010

Bel Fuse acquires Cinch Connectors for $39 Million

Bel Fuse has completed the acquisition of Cinch Connectors from a French industrial group, Safran S.A., for approximately $37.5 million in cash plus approximately $1.5 million for the assumption of certain expenses.

Cinch manufactures a broad range of interconnect products in the military and aerospace, high-performance computing, telecom/datacom, and transportation markets. Cinch's products include CIN: APSE & iQ, Omega, Dura-Con, Cables, Header & Harness Connectors, ModICE & ICE, and AMC Connectors, miniature ribbons, D-subminiature connectors, Filtered D-subminiatures, barrier blocks and jones plugs & sockets.

"The addition of Cinch's well-established lines of connector and cable products and extensive customer base provides Bel with immediate access to large and growing aerospace and military markets and strengthens Bel's position as a one-stop supplier of high-performance computing, telecom and data products," said Dan Bernstein, President of Bel.

For more details visit www.belfuse.com