Legrand Expands Data Center Capabilities with acquisition of Electrorack in the United States
Acquisition demonstrates Legrand's commitment to innovation and leadership in data communications.
Acquisition demonstrates Legrand's commitment to innovation and leadership in
West Hartford, CT, January 7, 2011 - Legrand, North America today announced the purchase of Electrorack Products Company, an American company specializing in cabinets, power and cooling solutions. The acquisition is the latest in a series over the last 8 years that have helped Legrand's North American division grow its revenue and hit record profitability.
Legrand, North America is expanding its leadership in the commercial data communications market by enhancing its manufacturing, engineering and product offerings through the acquisition of Electrorack. The demand for cabinets and accessories in data centers, broadcast and broadband, industrial and military/aerospace/shipboard markets is expected to expand by 10% a year in the United States over the next few years.
Electrorack's well established position with the largest corporations in the US and its range's excellent fit with that of Ortronics will enable Legrand to accelerate its growth in the buoyant Voice, Data, and Imaging (VDI) segment in the US. Electrorack will become a center of excellence for manufacturing and engineering of cabinets, cooling and power products, and will drive growth for both Ortronics and Electrorack product lines through innovation and design. The Electrorack management team will remain in place and report directly to Mark Panico, President of the Data Communications division of Legrand, North America.
Legrand will enable Electrorack to accelerate its market reach and growth through financial, intellectual property and design support. Electrorack's expertise in design & built to order customer specific solutions will boost Legrand's capability to provide a greater scope of offering to its customers.
Legrand is the global specialist in products and systems for electrical installations and information networks where people live and work. Its comprehensive offering of solutions for use in commercial, industrial and residential markets makes it a benchmark for suppliers worldwide. Legrand has a strong presence in the North American market, with a portfolio of products that includes Cablofil, On-Q, Ortronics, Pass & Seymour, Vantage, Watt Stopper and Wiremold. The company is actively expanding its market divisions that include Electrical Wiring Systems, Home Systems, Lighting Controls and Commercial Datacom. Innovation for a steady flow of new products with high added value is a prime vector for growth. Legrand reported sales of $5.0 billion in 2009. The company is listed on Euronext and is a component stock of indexes including the SBF120. FTSE4Good, MSCI World and ASPI (ISIN code FR0010307819). www.legrand.us