Finance, Acquisition, Group |02.27.2020 08:00
Acquisition of Focal Point in the United States
Building on its growth momentum through the acquisition of front-runners, Legrand today announced the purchase1 of Focal Point, strengthening solid positions in specification-grade architectural lighting solutions for commercial buildings in the United States.
Focal Point is a front-runner in the United States for specification-grade architectural lighting for non-residential buildings – including hospitals, schools and universities, offices and more – and offers customized solutions, in particular for renovation. It has built a solid reputation, driven by innovation, customer service, and a wide network of partner lighting agents.
Based in Chicago, Illinois, Focal Point has over 750 employees and annual sales of more than $200 million, primarily in the United States.
Following the acquisition of Pinnacle Architectural Lighting in 2016, OCL and Finelite in 2017, and Kenall in 2018, this operation1 will strengthen Legrand’s leading US positions in lighting controls and solutions, with a range of specification-grade architectural and mission-critical applications in commercial buildings, energy-efficient lighting management systems, and innovative connected solutions.
1 Subject to standard conditions precedent.