# Bel Fuse to acquire majority stake in Enercon Technologies for $400M

Bel Fuse Inc. announced a definitive agreement to acquire an 80% stake in Enercon Technologies from Fortissimo Capital for $320 million in cash, based on an enterprise value of $400 million. The acquisition expands Bel's presence in aerospace and defense markets.

- Type: Acquisition
- Announced: 2024-09-18
- Where: United States
- Value: $400.0M
- Status: announced
- Products: power conversion solutions, networking solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Fortissimo Capital](https://endata.com/companies/33860.md) (investor)
- [Bel Fuse](https://endata.com/companies/43199.md) (acquirer)
- [Enercon Technologies](https://endata.com/companies/79891.md) (target)

## Sources

- [ir.belfuse.com](https://ir.belfuse.com/news-releases/news-release-details/bel-announces-agreement-acquire-enercon-technologies), 2024-09-18: "The acquisition of Enercon will extend Bel’s Power segment into the aerospace and defense end markets, deepening our partnership with customers who support critical applications."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.