Business acquisition

Bel Fuse Acquires DataMate from Methode Electronics

Analysis based on 7 articles · First reported Mar 05, 2026 · Last updated Mar 05, 2026

Sentiment

Attention

Articles

Market Impact

Direct

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Market Impact

The acquisition of Methode Electronics===DataMate by Bel Fuse Inc. is expected to positively impact the electronics manufacturing and networking markets by expanding Bel Fuse Inc.'s product portfolio and market reach. This move is anticipated to be immediately accretive to Bel Fuse Inc.'s financials, signaling potential growth for the company.

Electronics Manufacturing Networking Industrial Automation

Event Summary

Bel Fuse Inc. announced the acquisition of Methode Electronics===DataMate, a provider of advanced ethernet and broadband technologies, from Methode Electronics Inc. for $16 million. This strategic move is set to expand Bel Fuse Inc.'s product offerings in high-demand markets such as networking, data centers, and industrial automation. The acquisition is expected to be immediately accretive to Bel Fuse Inc.'s financials, with Methode Electronics===DataMate generating approximately $18 million in annual sales. The transaction also enhances Bel Fuse Inc.'s US-based manufacturing capabilities and R&D. Northland Capital Markets and Katten Muchin Rosenman advised Bel Fuse Inc. on the deal.

Key Actions

100 Bel Fuse acquired Methode Electronics===DataMate Methode Electronics===DataMate

90 Methode Electronics sold Methode Electronics===DataMate Bel Fuse

70 Bel Fuse funded acquisition with cash and credit facility

10 Northland Capital Markets acted as financial advisor Bel Fuse

10 Katten Muchin Rosenman served as legal advisor Bel Fuse

Entities Involved

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Bel Fuse

Bel Fuse Inc. acquired Methode Electronics===DataMate for $16 million, expanding its portfolio in Ethernet and broadband solutions. This acquisition is expected to be immediately accretive to Bel Fuse Inc.'s financials and enhance its leadership in networking solutions.

Importance 100 Sentiment 60

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Methode Electronics===DataMate

Methode Electronics===DataMate was acquired by Bel Fuse Inc. for $16 million. This transaction integrates Methode Electronics===DataMate's advanced ethernet and broadband technologies into Bel Fuse Inc.'s offerings, providing new avenues for growth and market reach.

Importance 90 Sentiment 50

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Methode Electronics

Methode Electronics Inc. sold its Methode Electronics===DataMate division to Bel Fuse Inc. for $16 million. This divestiture allows Methode Electronics Inc. to streamline its operations.

Importance 40 Sentiment 10

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Joseph Berry

Joseph Berry, President of the Magnetics Division at Bel Fuse Inc., commented on the acquisition, highlighting its potential to expand Bel Fuse Inc.'s leadership in networking solutions.

Importance 20 Sentiment 30

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Northland Capital Markets

Northland Capital Markets acted as the financial advisor to Bel Fuse Inc. in the acquisition of Methode Electronics===DataMate.

Importance 10 Sentiment 20

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Katten Muchin Rosenman

Katten Muchin Rosenman served as the legal advisor to Bel Fuse Inc. for this acquisition.

Importance 10 Sentiment 20

Relationships

Methode Electronics===DataMate related ↔ Methode Electronics

Joseph Berry related ↔ Bel Fuse