Core Insights - Legrand has acquired Avtron Power Solutions, a provider of load banks and power quality solutions, expected to generate nearly $350 million in revenue in 2025 [1][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] - Avtron employs 600 people and operates five sites across North America and Europe [1] Strategic Implications - The acquisition aligns with Legrand's Ambition 2030 growth strategy, aiming to reach €15 billion by 2030, focusing on energy transition and datacenter solutions [3] - Avtron will function as a stand-alone business unit within Legrand's Electrical Wiring Systems Division, maintaining its leadership under CEO David Cox [2] Market Position - The acquisition enhances Legrand's product portfolio to meet the needs of critical power provisioning in high-growth markets such as datacenters, healthcare, renewable energy, and industrial manufacturing [1][3] - Both companies share values and culture, which is expected to drive growth and innovation [3]
Legrand Acquires Avtron Power Solutions, a Global Provider of Load Banks & Power Quality Solutions
Globenewswire·2025-11-07 14:00