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Carbone Lorraine Announces Acquisition of GE Power Fuse BusinessFerrz Shawmut title

FROM: Ferraz Shawmut LCC - 374 Merrimac Street Newburyport, MA 01950 - USA
CONTACT: Daniel Beaudron - CEO Ferraz Shawmut North America
AGENCY:

Acquisition Reinforces Electrical Protection Division

Carbone Lorraine is carrying through a selective acquisitions policy aiming at accelerating the profitable growth of its activities in the coming years. This policy includes a reinforcement of the offer in medium voltage products, a segment targeted by the Electrical Protection division.
The Group today announced the acquisition - through Ferraz Shawmut LLC, its US-based Electrical Protection division - of General Electric’s Power Fuse operations from GE Consumer & Industrial business. The GE component, based in Vieques, Puerto Rico, will be combined with the existing Ferraz Shawmut medium voltage fuse business based in Newburyport, Mass.





Acquiring GE’s medium voltage fuse business represents a significant expansion for Ferraz Shawmut in terms of product offering and fuse technology. This will strongly enhance its position in this growing segment of the power fuse industry.

With this line of medium voltage fuse products Ferraz Shawmut consolidates its worldwide leading position as a provider of safe and reliable electrical protection. Ferraz Shawmut also reinforces its rewarding relationships with major distributors and large electrical industrial groups, providing both existing and new customers with a high level of service and innovation.

With this leading position in the North American type medium voltage fuse segment, and with its increasing portfolio of German type medium voltage fuses, Ferraz Shawmut is enhancing its global development on the growing market segments of Power Generation & Distribution, and Industrial Controls.


Ferraz Shawmut is a global industrial specialist offering innovative solutions to deliver our partners and customers optimal efficiency in power management and absolute safety for their equipment. Our solutions bring together a unique full basket of fuses for industry with the associated low and medium voltage fusegear, cooling systems for power electronics, and power interconnection solutions. They serve five markets: transportation, power conversion, power generation & distribution, industrial controls, and power quality.
We manufacture at plants on five continents to meet the specific needs of customers in every region, and we have set up world-class logistics to serve the global market with the high level of customer service it demands. Ferraz Shawmut brand products are available around the world from professionals in electrical equipment distribution at thousands of points of sale. And we have our own top-notch technical support teams, ready to help customers and partners define a solution before a sale and right through every step in a design-to-order process.