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Legrand Acquires Avtron Power Solutions, a Global Provider of Load Banks & Power Quality Solutions
Globenewswire· 2025-11-07 14:00
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 Signs Definitive Agreement to Acquire Avtron Power Solutions, a Global Provider of Load Banks & Power Quality Solutions
Globenewswire· 2025-10-02 20:00
WEST HARTFORD, Conn., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Legrand®, a global leader in electrical and digital building infrastructures, has signed a definitive agreement to acquire Cleveland, Ohio-based Avtron Power Solutions, a leading global provider of load banks and power quality solutions that serve a wide range of high-growth markets where reliable delivery of power is required. Avtron employs 600 people, operates five manufacturing sites across North America and Europe, and is expected to generate near ...