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Belden Acquires Lumberg Assets

Belden is pushing to accelerate its growth in the industrial market.

Belden is pushing to accelerate its growth in the industrial market.

The company recently completed a purchase of the assets of Lumberg Automation Components GmbH, part of The Lumberg Group, for an undisclosed cash price. Lumberg is based in Schalksm├╝hle, Germany, and also has production facilities in the United States.

Lumberg Automation is a supplier of industrial connectors, cord-sets and field bus communication components for factory automation machinery. 2006 revenues for the company were approximately US$75 million.

Belden said the deal complements the industrial connectivity portfolio of Hirschmann Automation and Control, which it recently acquired.

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