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Group, Acquisition |
01.22.2007Legrand reinforces presence in home automation with the acquisition of UStec
Following its recent acquisition of HPM in the Asia-Pacific zone, Legrand is pursuing its strategy of targeted acquisition-led growth that creates value with the acquisition of UStec in the US. Specialized in complete solutions for Voice, Data and Image networks for residential buildings, UStec reports annual sales of approximately $12 million.