BRIEF-Mersen To Acquire Bar-Lo Carbon Products

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Oct 29 (Reuters) - Mersen SA CBLP.PA:

  • TO ACQUIRE BAR-LO CARBON PRODUCTS TO CONSOLIDATE ITS MATERIAL STRATEGY IN UNITED STATES

  • BUSINESS WILL CONTRIBUTE C. 15 MILLION USD IN ANNUAL SALES TO MERSEN

  • THE TRANSACTION WILL BE ACCRETIVE TO NET INCOME AS OF YEAR ONE

  • ACQUISITION REPRESENTS OUTFLOW OF C. 20 MILLION USD, OF WHICH 80% AT CLOSING

Source text: https://shorturl.at/W8VMM

Further company coverage: CBLP.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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