Bel announces closing acquisition of eos

Jersey city, n.j., march 31, 2021 (globe newswire) -- bel fuse inc. (“bel,” or, “the company”) (nasdaq:belfa and nasdaq:belfb), a leading supplier of products that power, protect and connect electronic circuits, today announced that it has closed on its previously announced acquisition of eos, of mumbai, india, effective march 31, 2021. consideration of $7 million, was funded with cash on hand.
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