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Mersen — M&A Activity 2010
Apr 12, 2010
1518_iss_2010-04-12_f3131a6d-4edd-4f1b-9c47-0f79b6b2b0d5.pdf
M&A Activity
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Carbone Lorraine is announcing the signature of an agreement concerning the acquisition of the M.Schneider group. Ranking as the fourth-largest player worldwide in German DIN-standard fuses and fuseholders, M.Schneider is a leading force in the German-speaking market and generates annual sales of around €20 million.
Based in Vienna, M.Schneider's manufacturing base is primarily located in Germany and the Czech Republic, and it also owns a joint venture in China.
Through this acquisition, Carbone Lorraine is set to become number two worldwide in DINstandard fuses and fusegear. The Group will also consolidate its positions in Germany and Eastern Europe, as well as in a fast-developing standard that is establishing itself as the benchmark in emerging markets, especially in China. This acquisition will also strengthen the Group's position in the energy sector in China.
Capitalizing on the strength of Carbone Lorraine's worldwide sales network, M.Schneider will rapidly expand its sales in international markets.
This acquisition fits perfectly with the Group's growth strategy, which is notably predicated on strengthening its leadership position in its expanding markets.
PRESS RELEASE
Paris, April 12, 2010 2/2
About Carbone Lorraine
World leader of graphite solutions and electrical components, Carbone Lorraine specializes in the implementing of high technology materials in demanding industrial environments and in the development of systems, which are fundamental to the smooth operation of the motor and the protection of electrical equipment. With over 85% of its sales carried out internationally, the Group holds leadership positions in all of its occupations.
| N°1 worldwide in anti-corrosion equipment in graphite |
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| N°2 worldwide in high temperature applications of isostatic graphite |
| N°1 worldwide in brushes for electrical motors |
| N°1 worldwide in fuses for powerful semi conductors |
| N°2 worldwide in industrial fuses |
The Group is listed at Premier Marché de la Bourse de Paris and is a part of the following indices CAC Mid100, SBF120 et Next 150. Find Carbone Lorraine on Bloomberg: CRL FP and on Reuters: CBLP.PA
Visit our Internet website www.carbonelorraine.com
Analyst and Investor Contact
Stéphanie Atellian VP Investor Relations Carbone Lorraine
Tel.: +33 (0)1 46 91 54 49 [email protected] Press Contact
Publicis Consultants Vilizara Lazarova
Tel.: +33 (0)1 57 32 86 46 [email protected]