Micron

Micron Research

Business Description

Micron Research Corp. was a division of E-Holdings, a diversified holding company with a number of operations in the graphite industry.  Micron employed a unique technology to manufacture fine grain graphite materials specifically for the electric discharge machining (EDM) industry.

Background

E-Holdings was seeking to sell Micron and use the proceeds to finance other operations.

Solution

As Micron’s exclusive financial advisor, Carter Morse & Mathias arranged, structured and negotiated the sale to GrafTech International (NYSE:GTI), which had deep knowledge of fine grain graphite and strong manufacturing expertise.  Micron was an excellent strategic fit as it filled a gap in GrafTech’s technology portfolio.