Belden Inc. | Stephens

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Buy-Side Advisor

Belden Inc.

$98 MILLION 04/17/2023 Power & Industrial Technology Complete
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Transaction Details

  • On May 3, 2023, Belden Inc. (“Belden”) announced that it has acquired Germany-based Berthold Sichert GmbH (“Sichert”) on April 17, 2023 for €90 million (~$98 million)
  • Sichert designs, manufactures, and sells a range of polycarbonate street cabinets utilized in outside plant Passive Optical Networks (“PON”) and 5G networks
  • The acquisition of Sichert further strengthens Belden’s Broadband Solutions portfolio and will support them in providing end-to-end solutions to customers in key growth markets

About the company

Belden Inc.

Belden connects & protects organizations worldwide with the industry’s most complete suite of end-to-end networking solutions. Founded in 1902, the company is headquartered in St. Louis and has manufacturing capabilities in North America, Europe and Asia.

Berthold Sichert GmbH

The Berthold Sichert GmbH designs and manufactures a portfolio of polycarbonate street cabinets utilized in outside plant Passive Optical Networks ("PON") and 5G networks. Founded in 1923, the company is headquartered in Berlin, Germany.

Source: Press Release, Company Information
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