Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  MERSEN       

MERSEN

473
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Carbone Lorraine : Disposal of the rail and motorcycle braking business

04/01/2008 | 12:13pm US/Eastern
PR Newswire/Les Echos/
 
                                                                         Disposal of the
                                               rail and motorcycle braking
                                               business
              Paris, April 1, 2008                                           1/2




Carbone Lorraine has finalised the disposal of its rail and motorcycle braking 
business to the Faiveley  group, which will continue to run it at the 
Gennevilliers plant (Paris suburbs - France), Carbone Lorraine's advanced 
technology facility.

The business generates sales of €17 million and has 80 employees. The agreement 
leads to an amount of sale of 26 million of euros.

The carbon-carbon composite aerospace braking business will remain part of 
Carbone Lorraine. New fast-growing applications of this technology are 
developing in the Group's Advanced Materials and Technologies division.

This disposal will sharpen Carbone Lorraine's focus on its core business. It 
will also boost its financial resources and facilitate execution of its 
profitable growth strategy predicated on upbeat markets and selective 
acquisitions.
                                ---end---

About Carbone Lorraine
Carbone Lorraine is a world leader in graphite solutions and electrical 
components. The Group specialises in the use of high-tech materials in highly 
demanding industrial environments and in the development of systems essential 
to a safe electrical motors' operation and to the protection of electrical 
equipment. With more than 85% of its sales achieved outside France, the Group 
holds leadership positions in all of its core businesses.




Advanced Materials and Technologies        -   World number one in graphite 
anticorrosion equipment

                                           -   World number two in high-
temperature applications of isostatic graphite

Electrical Applications                    -   World number one in brushes for 
electric motors

Electrical Protection                      -   World number one in fuses for 
power semiconductors

                                           -   World number two in industrial 
fuses




                                 PRESS RELEASE

                                                                             2/2




         The Group is listed on the Premier Marché of the Paris Stock Exchange
         and is a constituent of the CAC Mid100, SBF120 and Next 150 indices.
                Bloomberg ticker: CRL FP - Reuters ticker: CBLP.PA




                Visit our website at www.carbonelorraine.com




Investor and Analyst Relations       Press Relations

Carbone Lorraine                     Publicis Consultants
Sébastien Desarbres                  Vilizara Lazarova

Tel.: +33 (0)1 46 91 54 49           Tel.: +33 (0)1 44 43 74 81
dri@carbonelorraine.com              vilizara.lazarova@consultants.publicis.fr
www.carbonelorraine.comPRESS RELEASE

                         
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication.
React to this article
Latest news on MERSEN
1d ago MERSEN : awarded electrical protection contract for Europe's largest solar farm
12/04 MERSEN : Investor Day
10/29 MERSEN : Third-quarter 2014 sales
10/13 MERSEN : has joined the FORCE project.
09/25 MERSEN : order of over €6 million for the chemical industry
09/19 MERSEN : celebrates the centenary of its Gennevilliers industrial site.
07/31 MERSEN : 2014 Half-Year Results
06/19 MERSEN : partner of the Solar Decathlon 2014 edition
06/05 MERSEN : ex-dividend day for annual dividend
06/04 MERSEN : dividend
Dynamic quotes  
ON
| OFF