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.
40 Under 40; Stand-alone medical buildings; NFPA 92; Specialty fire suppression; Applying 90.1 in lighting design
2016 Product of the Year Finalists: Vote now; Data center Q&A; LED codes; Smart buildings
Fire pump power system design: How to design safe, reliable fire pump power service; Water management in commercial buildings; Emergency egress, illumination
Designing generator systems; Using online commissioning tools; Selective coordination best practices
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
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.
click me