Legrand is pursuing its active bolt-on acquisition strategy with today’s announcement of Linkk Busway Systems¹.

Linkk Busway Systems is an Asian reference specialist in power busbars, particularly for datacenters’ grey space. Based in Malaysia, in Beranang, Selangor, Linkk Busway Systems employs over 240 people and generates an annual revenue of around €45 million.

Benoît Coquart, Legrand’s Chief Executive Officer; commented:
“We are thrilled to announce this acquisition, our third since the beginning of the year, and the second one in the fast-growing datacenter market, which already accounted for 20% of Group proforma sales in 2024.
It is fully in line with our strategic ambitions for 2030, in particular the strengthening of our positions in buoyant segments linked to the energy and digital transition.”

¹ Subject to customary closing conditions

Legrand reports strong growth in sales and very solid results in the first quarter of 2025
Sales growth (organic and acquisitions) : +11.2%
Adjusted operating margin : 20.7% (after acquisitions)
Net profit attributable to the Group: 12.9% of sales

The Group is pursuing the implementation of its strategic plan
Accelerating organic growth in datacenters
2 acquisitions announced since the beginning of the year
Launch of 6th CSR roadmap 2025-2027

2025 full-year targets confirmed

Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“Our results for the first quarter of 2025 are very solid and in line with our expectations, in terms of sales,
margins and free cash flow.

We are actively pursuing the implementation of our strategic plan with, for example, an acceleration of our
development in datacenters, which accounted for 20% of our sales in 2024⁽¹⁾; the acquisition of two very fine
companies, in the Netherlands and in Australia, which will be supplemented by other transactions in the
coming quarters; or the launch of our 6th CSR roadmap covering 2025-2027.

Confident in our ability to execute and adapt, and despite a volatile environment due to customs policies,
we confirm our annual targets as defined at the beginning of the year, and are fully on track to achieve our
2030 ambitions."

⁽¹⁾ After taking into consideration 12 months of turnover for the companies acquired over the year