on LEGRAND (EPA:LR)
Legrand strengthens its position with the acquisition of Avtron Power Solutions
Electrical infrastructure giant Legrand announced the acquisition of Avtron Power Solutions, a global leader in load banks and power quality solutions. Based in Cleveland, Avtron is a leader in growing markets such as data centers, healthcare facilities, and manufacturing. The company employs 600 people and expects revenue of $350 million by 2025.
This acquisition, with an enterprise value of $1,125 million, allows Legrand to strengthen its presence in the United States, particularly in the strategic area of data centers. This is a significant step toward the energy transition, in line with Legrand's "Ambition 2030" plan. Data centers already represent 24% of Legrand's revenue for the first half of 2025.
R. P.
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