Finance, Acquisition, Group |02.19.2019 18:00
Legrand pursues expansion in digital infrastructures with the purchase of Universal Electric Corporation in the United States
Legrand continues its strategy of bolt-on acquisitions and today announced the purchase of Universal Electric Corporation, the undisputed leader in busways for data centers in the United States.
Legrand already has a strong presence in the US data center market, with front-runner positions in Voice-Data-Image cabinets (Electrorack, AFCO Systems), structured cabling (Ortronics), PDUs (Raritan, Server Technology) and KVMs (Raritan), as well as pre-terminated solutions (Lastar/Quiktron). It is now expanding its positions in this promising market with the acquisition of Universal Electric Corporation, the undisputed US leader in busways. Universal Electric Corporation’s solutions – mostly sold under the Starline brand, a true benchmark for the market – have long been known for their quality, ease of installation and ease of use. They round out Legrand’s data center offering, thus positioning the Group to offer comprehensive solutions to infrastructure needs in white rooms.
More generally, Legrand continues to expand its presence in the buoyant digital infrastructure market, a business that is driven by the steady rise in worldwide data flows, and one where the Group already holds leading positions in many countries.
Based near Pittsburgh (state of Pennsylvania), Universal Electric Corporation has more than 450 employees and annual sales of over $175 million, of which 90% are made within the United States.