METIS advises US-listed Bel Fuse Group on the divestment of their Czech business to PEI-Genesis.

METIS advised Bel Fuse Group, a leading supplier of products that power, protect and connect electronic circuits, on the divestment of the Czech business of their business unit Stewart to PEI-Genesis.

The Stewart Czech business distributes connectivity products and produces copper, fiber and coaxial cable assemblies.

The buyer is US-based PEI-Genesis, a worldwide assembler and distributor of connector and cable solutions and a long-standing franchise distribution partner of Bel Fuse.

The METIS team consisted of Dr. Felix Dette, Dr. Lars Friske (joint team lead), Christopher Seemann, Desirée Lehmann-Alvarez, Jessica Tegelbekkers (all Corporate/M&A).

BDO Legal Prague acted as Czech law counsel to Bel Fuse. The BDO team consisted of Štěpán Kleček, Filip Lukačovič and Michal Jandus.