Group, Acquisition |02.05.2014
Legrand pursues expansion in the United States and in digital infrastructures with purchase of Lastar Inc.
Legrand announces the purchase(1) of Lastar Inc., a frontrunner in pre-terminated solutions for Voice-Data-Image (VDI) and audio-video (A/V) networks in the United States
Legrand thus strengthens its positions in both the United States, the group’s second largest country, and the digital infrastructure segment
Following Legrand’s 2011 acquisition of Electrorack, a US specialist in VDI cabinets for data centers, and its 2012 acquisition of Middle Atlantic Products, Inc., orth America’s leader in audio and video enclosures, the group is stepping up its expansion in digital infrastructures and today announced the purchase(1) of Lastar Inc., a US frontrunner in pre-terminated solutions for VDI and A/V networks.
Lastar Inc.’s pre-terminated solutions for copper and fiber optic networks sold under well-known brands like Quiktron and C2G are an ideal fit with Legrand’s US offering in structured VDI cabling, a market where the group has already a strong presence with its Ortronics brand.
Integration of Lastar Inc., a key supplier to US distributors specialized in VDI, IT and those present on the web, also strengthens Legrand’s commercial positions in the VDI and A/V markets in the US and in certain growing verticals such as data centers, by developing its positions in these new distribution channels.
With facilities based primarily in the United States and in China, Lastar Inc., which employs around 1,000 people, has annual sales of around USD 130 million.
¹ The completion of the transaction is subject to customary conditions precedent.
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