Legrand: acquires Universal Electric Corp

(CercleFinance.com) - Legrand announces the acquisition of Universal Electric Corporation, the busway leader (electric power supply systems by metal bars) for datacenters in the US.


Universal Electric Corporation employs over 450 people and has annual turnover of more than 175 million dollars, of which about 90% is made in the US. The company is based near to Pittsburgh in the State of Pennsylvania.

(The solutions, ed.) "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," management said.

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.



Copyright (c) 2019 CercleFinance.com. All rights reserved.