||Jersey City, NJ, — Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB) has acquired Powerbox Italia S.R.L., Milan, Italy, a supplier of AC/DC power supplies for applications in AC/DC front ends, broadcast communications, and battery charging. Terms of the acquisition were not disclosed.
According to the company, since many of Bel's key power customers are in Italy, the acquisition will allow it to immediately increase revenue potential with Powerbox's medium to high power AC/DC power conversion products complementing Bel's current power DC/DC offerings.
Powerbox Italy was a division of Powerbox International AB, Stockholm, Sweden, a leading supplier of AC/DC power conversion products.
Contact: Bel Fuse Inc., 206 Van Vorst St., Jersey City, NJ 07302 800-235-3873 fax: 201-432-9542 E-mail: email@example.com Web: http://www.belfuse.com