Report
Jean-François Granjon

Mersen : Strengthening of the group’s presence in the US

>Acquisition of GMI Group - Mersen announced the acquisition of GMI Group in the US, a company specialised in the purification and machining of graphite, carbon and graphite composites. GMI Group is a family-owned firm employing around 200 people based at 4 sites in the US in the States of Pennsylvania and Michigan. The company generates sales of around $ 40m (or around € 37m, 2.8% of expected sales in 2024).This acquisition is fully in line with Mersen’s strateg...
Underlying
Mersen SA

Mersen produces materials and electrical components intended for alternative energies, chemicals and pharmaceuticals, rail transportation, electronics and process industries. Co. divides its operations into two segments: Advanced Materials and Technologies (AMT - Materials), and Electrical Components and Technologies (ECT - Electrical). In addition, Co. produces four types of products: Electrical Applications, Electrical Protection, High-Temperature Applications, and Anticorrosion Equipment. Co. also caters to the process industries, supporting their transition towards greater energy efficiency and boasts an efficient manufacturing base with plants employing the very latest technologies.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean-François Granjon

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