Cooper Bussmann购得GE工业系统英标熔断器产线-2012-04-26
Cooper Bussmann is 'Spot On' with Acquisition
ST. LOUIS, MO, February 5, 2012 - Cooper Bussmann, the leader in critical circuit protection, power management and electrical safety, has strengthened its industrial IEC fuse link and fusegear business following the acquisition of GE Industrial Systems' British Standard fuse-link product portfolio.
The acquisition now means that familiar brands such as Red Spot fuse holders and Safeclip will join Cooper Bussmann's already comprehensive range of overcurrent circuit protection products for IEC markets.
Commenting on the deal, Enzo Strappazzon, Cooper Bussmann Vice President and General Manager of Global IEC Electrical products, said, "The purchase of GE's BS fuse link line will strengthen our overall overcurrent circuit protection portfolio globally, especially in India, one of the fastest growing economies in the world, where we will become the leading player in overcurrent protection."
The company plans to ramp up production at both its Burton on the Wolds site in the UK and its Pondicherry facility in India in the coming months.
Enzo Strappazzon added, "We will be looking to invest in all the product lines. We want to enhance the reputation of products like Red Spot fuseholders, which have been an industry fixture for many years.
For our customers, the addition of industrial fuseholders to our existing range of IEC fuses simplifies inventory management and provides a one stop shop for contractors."
About Cooper Bussmann
Cooper Bussmann, the industry leader in critical circuit protection, power management and electrical safety, is a subsidiary of Cooper Industries plc (NYSE: CBE), and is headquartered in St. Louis, Missouri, USA. The company is committed to the development, manufacturing and marketing of innovative circuit and power electronics protection and power management products; and provides engineering, training and testing services globally for the electrical, electronics and transportation industries. The company provides superior brands, including Cooper Bussmann® circuit protection products and services, Coiltronics® magnetics, and OMNEX Trusted Wireless® systems.
About Cooper Industries
Cooper Industries plc (NYSE: CBE) is a global electrical products manufacturer with 2011 revenues of $5.4 billion. Founded in 1833 Cooper's sustained success is attributable to a constant focus on innovation and evolving business practices, while maintaining the highest ethical standards and meeting customer needs. The Company has seven operating divisions with leading market positions and world-class products and brands, including Bussmann electrical and electronic fuses; Crouse- Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2011 fifty-nine percent of total sales were to customers in the industrial and utility end-markets and forty percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 24 countries as of 2011.