Bel Fuse to acquire EOS Power India

Bel Fuse Inc. has entered into an agreement to acquire substantially all shares of EOS Power India Private Ltd. from EOS Power Panama Inc. The all-cash transaction, expected to close in Q1 2021, will add EOS's power product line and manufacturing footprint in India to Bel's Power Solutions segment.

“Our strategy to increase Bel's Power Solution presence in the industrial and medical markets led us to acquire CUI last year and the addition of EOS fits squarely into this plan”ir.belfuse.com

• 1 source
• ir.belfuse.comBel Announces Agreement to Purchase EOS Power | Bel Fuse Inc.Jan 12, 2021

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