Targeted acquisitions

At Legrand, acquisitions are an integral part of our strategy. We use them to fuel business development and expand market share, targeting companies with leadership positions that complement our business. Backed by our longstanding acquisitions expertise, we plan to pursue this strategy over the long term.

Key figures

STRENGTHENING OUR LEADERSHIP POSITIONS

Our strategy is to acquire companies that complement our activities and have leading positions in essential infrastructures and solutions that support the energy and digital transition (including products for datacenters, energy transition, and digital lifestyles). In 2024, Legrand has announced 8 acquisitions for annual sales of around €410m.

Power Bus Way

APP

Power Bus Way is a leading North American specialist in Cable Bus power busbars, primarily for datacenters.

Annual sales: ~ €70 M

 

APP (Australian Plastic Profiles)

APP

APP (Australian Plastic Profiles) is an Australian cable management (conduit) leader for all types of buildings.

Annual sales : >€100 M

 

UPSistemas

UPSistemas

UPSistemas is a Colombian specialist in the integration, commissioning, maintenance and monitoring of technical infrastructures.

Annual sales : ~€30 M

 

Davenham

Enovation

Davenham is an Irish specialist in low-voltage power distribution systems.

Annual sales : ~€120 M

 

VASS

Enovation

VASS is the Australian leader in busbars, mostly for datacenters.

Annual sales : <€10 M€

 

Enovation

Enovation

Enovation is the Dutch leader in healthcare software in the market for connected health and assisted living.

Annual sales : ~€60 M

 

Netrack

Netrack

is an Indian specialist in server and network rack manufacturing.

Annual sales : ~€10 M

 

TEKNICA

TEKNICA

Chilean specialist notably in UPS

 

Annual sales: ~€45 M

 

EMOS

Emos_300x200_1672825138.jpg

A Czech leader in electrical installation components
 

Annual sales: ~€85M

 

VOLTADIS

voltadis

A French provider of data center services (grey rooms)
 

Annual sales: ~€13M

 

USystems

usystem

A British specialist in data center solutions (cooling and racks
 

Annual sales: ~€11M

 

A. & H. MEYER

meyer

Germany’s leading player in “power in furniture” connectivity solutions


 

Annual sales: >€20M

 

Power Control

power control

A British specialist in UPS solutions—equipment, services and maintenance

 

Annual sales: ~€15M

 

ENCELIUM

encelium

A US player in energy-efficient commercial lighting
 

Annual sales: >€20M

 

CLAMPER

clamper

A Brazilian leader in low-voltage surge protection (photovoltaic)
 

Annual sales: ~€40M

 

ZPE Systems

clamper

Leading american specialist in serial console servers for datacenters.
 

Annual sales : >$80M

 

MSS

clamper

New Zealand specialist of cable management systems
 

Annual sales : >€10M

 

Experience and expertise

In addition to innovation—generating a steady stream of new, high value-added product launches—acquisitions have been a historical driver of growth at Legrand. Legrand has acquired almost 200 companies since 1954, in the most promising complementary markets and technologies. We focus in particular in energy and digital transition. These accounted for around 60% of annual sales acquired between 2020 and 2024.

Seizing opportunities

Legrand teams are constantly on the lookout for new acquisitions, using their in-depth knowledge of local players to identify likely candidates in a fragmented market. Being close to markets—one key to the success of our acquisition policy—lets us find and assess investment opportunities. It also smoothes the acquisition process and facilitates docking once a deal has been completed.

In addition, a dedicated Corporate Development unit oversees the entire acquisition process, stepping in as needed to coordinate the teams involved.
 

Quote

“Our job is to support Legrand’s external growth, from monitoring the roughly 350 companies in the Group’s active pipeline to successfully docking an average of 3-6 acquisitions a year.”

Aurélien Lacroix

Executive VP, Corporate Development

A well-defined docking process

At Legrand, our docking process follows a long-established procedure. The aim is to bring newly acquired companies into the Group smoothly, maximizing synergies with our historical business areas while still enabling them to achieve their own growth potential.

One advantage of this process is rapid, successful rollout of ranges made by recently acquired companies in markets outside their home countries, such as datacenter offers, as well as connected solutions. These include data center offers such as PDUs made by Raritan, Server Technology, Shenzhen Clever Electronic and Starline busways, as well as connected solutions sold under the “with Netatmo” brand.

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