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Mersen — M&A Activity 2010
Jan 5, 2010
1518_iss_2010-01-05_0ba1cedd-9ecc-4391-9c70-9ed416fa69c9.pdf
M&A Activity
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In late December 2009, Carbone Lorraine acquired all shares it did not previously own in Calcarb, in which it had held a 60% stake since December 2008.
Calcarb is based in Scotland and ranks second in the world in its area of expertise. It makes rigid graphite felt that provides sophisticated insulation in very high-temperature furnaces. The use of these insulators in the electronics and solar power industries has been growing very rapidly for several years.
The purchase of the initial stake in 2008 was debt-financed, while the purchase of the remaining shares was partly financed through the September 2009 capital increase.
Owning 100% of Calcarb will enable Carbone Lorraine to take full advantage of the strong commercial and technological synergies between the two companies, and to continue strengthening its positions in solar power.
Paris, 5 January 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.
| Advanced Materials and Technologies: | - N°1 worldwide in anti-corrosion equipment in graphite |
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| - N°2 worldwide in high temperature applications of isostatic graphite |
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| Electrical Components and Technologies: | - 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]