Brief: French company Legrand buys Avtron Power Solutions in deal worth $1.13 billion on enterprise value basis

Legrand SA

02/10/2025 19:05

Oct 2 (Reuters) - Legrand SA LEGD.PA:

ACQUISITION OF AVTRON POWER SOLUTIONS IN THE UNITED STATES, A GLOBAL LEADER IN LOAD BANKS AND POWER QUALITY SOLUTIONS FOR DATACENTERS AND OTHER CRITICAL APPLICATIONS

AVTRON EXPECTED TO GENERATE NEARLY $350 MILLION IN REVENUE IN 2025

AVTRON, WHICH EMPLOYS 600 PEOPLE, IS ALSO EXPECTED TO HAVE HIGH PROFITABILITY

AVTRON ACQUISITION DONE ON ENTERPRISE VALUE BASIS OF $1.125 BILLION

Source text: ID:nBw3Cfhzza

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 (Reporting by Sudip Kar-Gupta)

 ((sudip.kargupta@thomsonreuters.com;))