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February 2014
On February 12th 2014,Cirprotec has entered into a new Strategic Alliance with Mersen Electrical Power.
CIRPROTEC has entered into a new Strategic Alliance with Mersen Electrical Power
On February 12th 2014, Mersen has acquired the majority stake of CIRPROTEC, enhancing its strategy of growth and expansion of Surge Protection solutions in the international markets. Additionally, Cirprotec will now be the Global Center of Excellence for IEC Surge Protection products of Mersen.
Carles Pons, one of the General Managers and shareholder of the company said:
“The opportunity to rapidly develop the global positioning of Cirprotec has been a key goal of this Strategic Alliance. In order to ensure this mission, the founders will remain in the management of the company and retaining an important shareholding. The Cirprotec organization will continue working with the same evolving spirit since the foundation of the company 20 years ago, based in the two key success factors in our history which are continued innovation and passion for our customers”;
“ We believe this new Strategic Alliance will not only make our company stronger but will also accelerate the success of the company to develop our global growth strategy in terms of Innovation and International markets”.
More on Mersen Electrical Power: www.ep.mersen.com
