MERSEN (FR:MRN) has released an update.
Mersen has announced its acquisition of Bar-Lo Carbon Products, a US-based precision machiner of graphite and ceramics, to strengthen its presence in the semiconductor market and other industries. The acquisition is expected to add approximately $15 million in annual sales and be immediately accretive to Mersen’s net income. This strategic move consolidates Mersen’s material strategy in the United States.
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