Mersen Acquires Bar-Lo Carbon Products to Strengthen US Material Strategy

Mersen, a global expert in electrical power and advanced materials, has announced the acquisition of Bar-Lo Carbon Products, a precision machiner of graphite and ceramics based in Fairfield, NJ. This strategic move reinforces Mersen's position in the synthetic graphite market and expands access to customers in the semiconductor sector and other process industries.

The acquisition is valued at approximately 20 million USD, with 80% payable at closing. Bar-Lo, a family-owned business employing 30 people, is expected to contribute around 15 million USD in annual sales to Mersen. Due to Bar-Lo's high profitability, the deal will be accretive to Mersen's net income from the first year and will be consolidated into its accounts starting November 1st.

Luc Themelin, CEO of Mersen, expressed enthusiasm about integrating Bar-Lo into the Group, citing the company's strong customer relationships and expertise as key benefits.