Belden Inc. acquires 100% of the shares in NetModule AG

Belden Inc, the world leader in rugged industrial communications, has acquired 100% of the shares of NetModule AG, the European market leader in rugged wireless communications for the transportation sector, on 3 March 2022. With this acquisition, Belden expands its market leadership in rugged wireless industrial communication.

Steinbeis M&A, represented by Oliver Gaess, Partner, advised the shareholders of NetModule AG.

About Belden Inc.

Belden Inc. offers a comprehensive product portfolio tailored to the mission-critical network infrastructure needs of industrial and enterprise markets. With innovative solutions for reliably and securely transmitting the rapidly growing volumes of data, audio and video required for today’s applications, Belden is at the centre of the global transformation to a connected world. Founded in 1902, the company is headquartered in St. Louis and has manufacturing facilities in North and South America, Europe and Asia. In 2021, the company, which employs 8,000 people worldwide and has production sites in North America, Europe and Asia, achieved a turnover of 2.4 billion US dollars.

About NetModule AG

NetModule AG, headquartered in Bern, Switzerland, is a leading manufacturer of communication products for M2M and IoT. One focus is on solutions for applications in the areas of transportation, local and long-distance public transport and Industry 4.0. Future markets such as smart cities, public safety and sustainable energy and resource management are further focus areas. 5G is the key technology here. The Swiss company, founded in 1998, has a branch office in Winterthur as well as subsidiaries in Frankfurt a.M., Hong Kong and Sydney.

About Steinbeis M&A

Steinbeis M&A offers its clients a comprehensive and professional range of consulting and services in the areas of (1) Mergers & Acquisitions, (2) Buy-and-Build, (3) Strategy and (4) Capital Advisory, across all industries. Clients are in particular medium-sized entrepreneurs, companies and groups of companies in Germany and abroad, but also international groups seeking to establish themselves in the SME market. Steinbeis M&A currently has 14 partners who have completed well over 200 successful transactions in recent years. Steinbeis M&A, with offices in Frankfurt, Karlsruhe, Stuttgart, Hamburg, Cologne, Berlin, Munich, Vienna (AT), Zurich (CH), Palma (ES) and London (UK), is a member of the Steinbeis Group (, one of the leading service providers for consulting and technology transfer in Europe.


Oliver Gaess
+49 176 2170 7998

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