Mersen to acquire Eldre

The two companies have agreed in principle to Mersen acquiring Eldre, which would take effect at the end of 2011.

11/29/2011


Mersen announced it has entered into an agreement in principle with Eldre, which specializes in laminated busbars, for its acquisition.

This acquisition allows the Group to expand its current product range supporting the improvement of efficiency, performance and safety of power electronics. Mersen, which specializes in fuses and cooling products for the protection of semiconductors, Mersen will now add laminated busbars to its bundled offer.

Eldre is a family-owned business with manufacturing facilities in the U.S. (Rochester, NY) and France (Saint Sylvain d'Anjou) and employs approximately 300 people. The business will be integrated into Mersen’s Electrical Components and Technologies segment and will contribute an estimated additional annual revenue of 40 million USD.

Marc Vinet, Group VP, Electrical Protection and member of the Management Board of Mersen states: "I’m delighted to welcome the team that has driven Eldre to its leading position. With our on-going portfolio expansion and our current global operations, we bring our application expertise and logistic support to our partner customers at the heart of their power electronics solutions.”

The closing of the transaction is expected at the end of the year.

- Edited by Chris Vavra, Plant Engineering, www.plantengineering.com 



No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Pump technology design: Selecting pumps and pipes; Class A office buildings; NFPA 101-2015; ASHRAE 90.1 updates; Motors, drives, and HVAC efficiency
Renewable power systems: Designing a net zero energy building; NFPA 37; Data center design; Lighting systems
Salary survey: How much are you worth?; Dedicated outdoor air systems; Energy models and lighting
Understanding transfer switch operation; Coordinating protective devices; Analyzing NEC 2014 changes; Cooling data centers
Designing positive-energy buildings; Ensuring power quality; Complying with NFPA 110; Minimizing arc flash hazards
Implementing microgrids: Controlling campus power generation; Understanding cogeneration systems; Evaluating UPS system efficiency; Driving data center PUE, efficiency
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.