Group, Acquisition |

12.05.2007

Legrand continues expansion in China with the acquisition of TCL Wuxi

Continuing its strategy of targeted acquisitions financed out of cash flow, Legrand announces the acquisition of TCL Wuxi, a Chinese firm specializing in modular and high-current circuitbreakers for residential, commercial and industrial applications.With TCL Wuxi, Legrand, already active in the energy-distribution segment in China, will significantly reinforce its offering and market presence. This is in line with a strategy designed to make the most of the exceptional growth potential of the Chinese market, where Legrand is already number one for both wiring devices and audio and video access controls...

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