CUI Global, Inc. (NASDAQ:CUI) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets.
On December 3, 2019, CUI Global, Inc. (\”the Company\”) finalized the previously disclosed sale of its domestic power business by and among, CUI, Inc. (\”Seller\”), a wholly owned subsidiary of the Company (\”Parent\”), and Bel Fuse Inc. (\”Buyer\”).
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
CUI Global, Inc. Exhibit
EX-99.2 2 ex_166416.htm EXHIBIT 99.2 ex_166416.htm Exhibit 99.2 CUI GLOBAL CLOSES SALE OF POWER BUSINESS TO BEL FUSE FOR $32 MILLION TUALATIN,…
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About CUI Global, Inc. (NASDAQ:CUI)
CUI Global, Inc. is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc. (CUI), CUI Japan and CUI-Canada, Inc., which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs). Its Power and Electro-Mechanical segment aggregates its product offerings into over two categories: components, including connectors, speakers, buzzers, test and measurement devices, and control solutions, including encoders and sensors, and power solutions. Its Energy segment includes its subsidiaries, Orbital Gas Systems Limited (Orbital) and the Orbital Gas Systems, North America, Inc., which consist of gas related test and measurement systems, including the GasPT, a natural gas inferential metering device. The Other segment includes corporate activity.