PEI-Genesis Announces Acquisition of Bel Stewart s.r.o.

Acquisition Enhances Ability to Offer New Products and Services Worldwide

(Philadelphia, PA – June 8, 2023): PEI-Genesis, a global leader in the design and assembly of custom engineered interconnect solutions, has acquired Czech Republic-based Bel Stewart s.r.o. , a leading manufacturer and supplier of state-of-the-art passive systems in the field of data and telecommunication interconnection technologies. It was announced today by Steven Fisher, President & CEO of PEI-Genesis. The purchase allows the company to better serve a broader range of customers’ needs for passive systems interconnect solutions. The acquisition of the BEL facility will serve as a value-add production and distribution center to support all PEI manufacturers, enabling PEI’s goal of 48 hour turn-around on a broad range of products supporting a wide variety of applications.

“We consider ourselves to be the industry’s Trusted Advisors focused on solving our customers’ interconnect problems,” says Fisher. “This acquisition enhances that capability, further encouraging our customers to partner with us for a broader range of products and services.”

Bel Stewart s.r.o. which will now be known as PEI-Genesis, consists of two divisions where one operates as a distributor of other connectivity products and the other a manufacturer of copper and fiber cable assemblies serving end markets including telecommunications, networking, banking, and public administration.

The acquisition of the business is a natural fit for PEI-Genesis, and the company assures minimal disruption to existing customers during the transition.

Both companies share common core values, integrating integrity, excellence, service, and commitment to customers into every decision. This partnership will continue to bring great quality products and highly professional service to all customers in the future.

PEI-Genesis s.r.o. division will now be championed by Jonathan Parry, Senior Vice President & MD Europe. PEI-Genesis s.r.o.’s, Catherine Deswarte, will remain as Managing Director to help grow and integrate its operations into PEI-Genesis. PEI will continue to support the existing customer network.

About PEI-Genesis

PEI-Genesis is one of the world’s fastest assemblers of interconnect solutions. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Philadelphia, PA; Southampton, UK; and Zhuhai, China as well as sales offices throughout the Americas, Europe, and Asia. More information may be found at www.peigenesis.com/.

About PEI-Genesis s.r.o.

PEI-Genesis s.r.o. are a leading manufacturer and supplier of state-of-the-art passive systems in the field of data and telecommunication interconnection technologies. They have completed many successfully implemented projects in the areas of telecommunications, data centers, industry, banking, and public administration. Our commitment is to provide our customers with complete system solutions that will enable them to use their full potential in the long run. More information may be found at https://www.belstewart.cz