NewburyportNews.com, Newburyport, MA

Business

January 10, 2012

Mersen completes business purchase

NEWBURYPORT — Mersen has completed the acquisition of Eldre as planned. The acquisition of Eldre is part of Mersen's strategy to support its partners in the development of the power electronic application market with the critical components that improve system reliability and safety.

Mersen is located on Merrimac Street in Newburyport, formerly known as Gould-Shawmut.

Mersen's expanded product offering combines product expertise in laminated busbar, cooling, and semiconductor fuses with application knowledge to maximize performance and balance cost. Mersen's global operation's platform delivers the support and service required by the world's leading power electronic producers.

Sustainability and energy efficiency represent two driving forces in global growth markets like renewable energy, mass transportation, and motor control (drives and inverters). Power electronics applications are at the center of these growth markets.

Marc Vinet, Group VP, Electrical Protection and member of the Management Board of Mersen states, "The Eldre team is ,a welcome addition to Mersen. The Eldre acquisition represents a continuation of our product portfolio expansion and uniquely positions Mersen to be able to bundle key products—laminated busbar, cooling, and semiconductor fuses—with application expertise to the benefit of our partner customers."

Eldre is based in Rochester, N.Y., with manufacturing facilities in the U.S. and France and employs approximately 300 people. The business will be integrated into Mersen's Electrical Components and Technologies segment.

1
Text Only | Photo Reprints

Special Features
Port Pics
AP Video
Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage