Mersen to Acquire GMI Group to Consolidate Position in the United States

Mersen, a global expert in electrical power and advanced materials, has announced the acquisition of GMI Group. This acquisition aims to enhance Mersen’s machining capacity for isostatic, extruded graphite, and insulation materials in the US, strengthening its market presence in aerospace, process industries, and energy sectors.

GMI Group, a family-owned company specializing in the purification and machining of graphite and composites, employs around 200 employees across four sites in Pennsylvania and Michigan. The acquisition is expected to contribute approximately 40 million USD in annual sales to Mersen. The deal, representing an outflow of 50 million USD, will be consolidated into Mersen’s accounts from July 1st, 2024.

Mersen CEO Luc Themelin expressed enthusiasm about the acquisition, emphasizing that GMI’s expertise and customer dedication will bolster Mersen’s US market position and open up new opportunities, particularly in solar and nuclear microreactors.