MERSEN PRESS RELEASE
MERSEN EXPANDS ITS AFTERMARKET BUSINESS FOR ANTICORROSION EQUIPMENT IN
NORTH AMERICA
PARIS, JULY 3, 2018 - Mersen (Euronext FR0000039620 - MRN), a global expert in electrical power and advanced materials, announces the acquisition of assets of Louisville Graphite Inc. (LGI), a full-service company that specializes in the design, manufacture, reconditioning and repair of graphite heat exchangers and other graphite process equipment.
The operation strengthens Mersen's position in the aftermarket and repair business in North America, therefore move towards mitigating the cycle of the chemicals business. It allows Mersen to better serve customers in an area concentrated with many chemical and industrial companies (Ohio River region).
Based in Louisville, Kentucky, LGI has more than 30 years' experience and repair expertise. It generates revenues of about USD1 million.
The amount of the investment is not material for Mersen.
ABOUT MERSEN
Global expert in electrical power and advanced materials, Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing performance in sectors such as energy, electronics, transportation, chemicals & pharmaceuticals and process industries.
Mersen, with its 6,400 employees working across 35 countries, recorded sales of 809 million euros in 2017.
MERSEN IS LISTED ON EURONEXT PARIS - COMPARTMENT B
INVESTOR AND ANALYST CONTACT | MEDIA RELATIONS |
Véronique Boca | Stanislas Mulliez/Guillaume Granier |
Mersen | FTI Consulting Strategic Communications |
Tel.: + 33 (0)1 46 91 54 40 | Tel: + +33 (0)1 47 03 68 10 |
Email:dri@mersen.com | |
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Mersen SA published this content on 03 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 July 2018 15:48:04 UTC
