Mersen: completes acquisition of Bar-Lo Carbon Products
(CercleFinance.com) - Mersen announces the acquisition of Bar-Lo Carbon Products, a US specialist in the precision machining of graphite and ceramics since 1965.
This new acquisition reinforces Mersen's leading position in the field of synthetic graphite in the United States, and gives it direct access to new customers in the semiconductor market as well as in other processing industries.
The business will contribute approximately USD 15 million to Mersen's annual sales, and the acquisition represents a cash outflow of approximately USD 20 million, of which 80% will be paid at closing.
This amount includes an estimated earn-out to be paid in 2026.
Luc Themelin, Chief Executive Officer of Mersen, commented: 'Bar-Lo has delivered impressive results in recent years, and Mersen will benefit from the expertise of its teams and their ability to build strong relationships with customers.'
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