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Published: Tuesday, 08 May 2018 09:33

Mersen, a global expert in electrical power and advanced materials, has finalized the acquisition of idealec, a recognized designer and manufacturer of laminated bus bars.

This acquisition reinforce the electrical power segment’s position as a leader on the laminated bus bar market and expand its client portfolio, particularly in the energy and rail sectors. It will also strengthen the group’s position as a preferred partner for the power electronics market.

The integration of the renowned technical expertise of idealec’s teams will also boost mersen’s r&d and innovation capabilities.

Based in pontarlier, france and shanghai, china, Idealec was established in 2005. the company employs some 50 people and generates revenues of close to €7 million. Idealec will be consolidated in mersen’s financial statements from the beginning of May 2018. the amount of the transaction is not material for mersen.

Tags: Mersen, Busbar Component Systems, panel builder news, e-lec.org, Idealec

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