Carbone Lorraine continues its rapid expansion in Asia by acquiring a majority shareholding in Chinese company Zhejiang Mingrong Electrical Protection.A privately-held company with a performing and dynamic management team, Zhejiang Mingrong Electrical Protection is one of the leaders in the fuse and fusegear market, boasting the most extensive product range of all Chinese market participants. The company is based in Zhejiang province, the cradle of the Chinese electrical industry’s development, and it posted sales of around €10 million in 2007. The company has enjoyed brisk growth in recent years.
Thanks to this deal, Carbone Lorraine, through its Ferraz Shawmut electrical protection subsidiary, becomes the leader in the Chinese fuse and fusegear market.
Electrification needs in China and strong demand for increasingly sophisticated equipment for power generation, distribution and control applications have made China an attractive market enjoying strong and sustainable growth. Pooling the highly complementary product ranges of Ferraz Shawmut and Zhejiang Mingrong Electrical Protection, together with stronger commercial positions at distributors
and OEMs, will drive a steep increase in sales, both in China and in export markets.

For the Electrical Protection division, this joint venture is set to become a platform for the development of new products intended in particular for Asian markets.
Zhejiang Mingrong Electrical Protection’s high degree of vertical integration—plastic injection-molding, metal components and tooling—also represents a major strength and will accelerate the pace at which the Electrical Protection division develops sourcing in China.
The anticipated production and revenue synergies are predicted to drive growth in sales at double the pace of that in the Chinese market at large.

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.