M&A Deal Summary

Bel Acquires Array Connector

On August 21, 2013, Bel acquired electronics company Array Connector

Acquisition Highlights
  • This is Bel’s 5th transaction in the Electronics sector.
  • This is Bel’s 5th transaction in the United States.
  • This is Bel’s 1st transaction in Florida.

M&A Deal Summary

Date 2013-08-21
Target Array Connector
Sector Electronics
Buyer(s) Bel
Deal Type Add-on Acquisition

Target

Array Connector

Miami, Florida, United States
Array Connector Corp., is a manufacturer of aerospace and mil-spec connector products.

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Buyer(S) 1

Buyer

Bel

West Orange, New Jersey, United States

Category Company
Founded 1949
Sector Electronics
Employees5,260
Revenue 640M USD (2023)
DESCRIPTION

Bel is a designer and manufacturer of products used in networking, telecommunications, high-speed data transmission, commercial aerospace, military, transportation, and consumer electronics. Bel was founded in 1949 and is based in West Orange, New Jersey.


DEAL STATS #
Overall 10 of 18
Sector (Electronics) 5 of 5
Type (Add-on Acquisition) 5 of 8
State (Florida) 1 of 1
Country (United States) 5 of 9
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 TE - Transpower Magnetics

United States

Transpower businesses include ICM (integrated connector modules) family of products, including RJ45, 10/100 Gigabit, 10G, PoE/PoE+, MRJ21, RJ.5, a line of modules for smart-grid applications and discrete magnetics.

Buy $22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-20 ABB Power-One Power Solutions

San Jose, California, United States

Power Solutions is a provider of high‑efficiency and high‑density power conversion products for server, storage and networking equipment, industrial applications and power systems.

Buy $117M