Group, Acquisition |08.02.2017
Legrand completes the acquisition of Milestone AV Technologies LLC
Legrand announced today the closing of the acquisition of Milestone AV Technologies LLC (“Milestone”), a frontrunner in Audio Video (AV) infrastructure and power.
The acquisition of Milestone allows Legrand to further strengthen its positions in digital infrastructure, more specifically in the high-value AV infrastructure and power segment in the United States.
Milestone’s solid positions – with over 75% of sales representing products ranked #1 in their market – round out Legrand’s existing positions under the Middle Atlantic Products brand.
Milestone is based in Eden Prairie (Minnesota) and reported sales of $464 million in 2016. It has around 1,000 employees.