Bel acquires rms connectors, inc.

Jersey city, n.j., jan. 13, 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 the company has acquired rms connectors, inc. (“rms connectors”), from rms company inc., a division of cretex companies, inc. rms connectors is a highly regarded connector manufacturer with over 30 years of experience producing harsh environment circular connectors used in a variety of military and aerospace applications. with bel working closely with cretex, we were able to move from letter of intent to a definitive purchase agreement in less than two months over the holiday season. this marks bel's second acquisition announcement this week.
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