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Mersen — M&A Activity 2010
Jun 18, 2010
1518_iss_2010-06-18_4e185406-a191-4cf3-aa0a-fe23274c04d5.pdf
M&A Activity
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Paris, June 18, 2010
Acquisition of a majority stake in Yantai Zhifu Graphite (China)
Mersen is announcing the signature of an agreement to acquire a 60% stake in Yantai Zhifu Graphite.
Based in Shandong province (China), Yantai Zhifu Graphite, which has 50 employees, specializes in the machining of graphite components used in the production of monocrystalline silicon for the solar photovoltaic industry. Through this deal, Mersen, which already owns facilities in Chongqing and Kunshan active in the high-temperature applications of graphite, is reinforcing its production base serving the fast-expanding solar energy market in China.
The acquisition fits perfectly with the Group's strategy of expansion notably based on its strong positioning in renewable energies and Asia.
Paris, June 18, 2010
About Mersen
Global expert in materials and solutions for extreme environments as well as in the safety and reliability of electrical equipment Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing process in sectors such as energy, transportation, electronics, chemical, pharmaceutical and process industries
The Group is listed at Premier Marché de la Bourse de Paris and is a part of the following indices CAC Mid100, SBF120 and Next 150.
Visit our website www.mersen.com
Analyst and Investor Contact Press Contact
Stéphanie Atellian Vilizara Lazarova VP Investor Relations Mersen Publicis Consultants
Tél. + 33 (0)1 46 91 54 49 Tél. +33 (0)1 57 32 86 46
Email : [email protected] Email : [email protected]