Legrand Signs Definitive Agreement to Acquire Avtron Power Solutions, a Global Provider of Load Banks & Power Quality Solutions

Core Insights - Legrand has signed a definitive agreement to acquire Avtron Power Solutions, a provider of load banks and power quality solutions, expected to generate nearly $350 million in revenue in 2025 [1][2] - Avtron will operate as a stand-alone business unit within Legrand's Electrical Wiring Systems Division, maintaining its current leadership structure [2] - The acquisition aligns with Legrand's strategy of investing in robust companies to accelerate growth and enhance market opportunities [3] Company Overview - Legrand is a global leader in electrical and digital building infrastructures, with a reported sales of €8.6 billion in 2024 [4] - The company focuses on innovative and sustainable solutions for residential, commercial, and datacenter markets [4] - Legrand is listed on Euronext Paris and is part of the CAC 40, CAC 40 ESG, and CAC SBT 1.5 indexes [4] Avtron Power Solutions - Avtron has a 75-year history and employs 600 people across five manufacturing sites in North America and Europe [1][2] - The company is known for its commitment to innovation and quality, serving high-growth markets such as data centers, healthcare, renewable energy, and industrial manufacturing [1] - David Cox will continue as CEO of Avtron, reporting to Ravi Ramanathan, head of Legrand's Electrical Wiring Systems Division [2]