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]

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]