Mersen, Newburyport, Mass., has entered into an agreement in principle with Eldre, the largest worldwide pure player in laminated busbars, for its acquisition. This acquisition allows Mersen to expand its current product range supporting the improvement of efficiency, performance and safety of power electronics. Already a global provider of fuses and cooling products for the protection of semiconductors, Mersen will now add laminated busbars to its bundled offer.
Based in Rochester, N.Y., Eldre is a family-owned business with manufacturing facilities in Rochester and Saint Sylvain d'Anjou, France, that employs approximately 300 people. The business will be integrated into Mersen's Electrical Components and Technologies segment and will contribute an additional annual revenue of c. 40 million USD.
Marc Vinet, Group V.P., Electrical Protection and a member of Mersen management board said, "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.”