MERSEN (FR:MRN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Mersen has announced its acquisition of Bar-Lo Carbon Products, a US-based precision machiner of graphite and ceramics, to strengthen its presence in the semiconductor market and other industries. The acquisition is expected to add approximately $15 million in annual sales and be immediately accretive to Mersen’s net income. This strategic move consolidates Mersen’s material strategy in the United States.
For further insights into FR:MRN stock, check out TipRanks’ Stock Analysis page.
