Middle Atlantic Products Acquisition Complete
Middle Atlantic established as new division; plans for continued focus on full spectrum of AV installations.
West Hartford, CT, June 10, 2011
– Legrand, North America has completed its acquisition of Middle Atlantic Products Inc. which now becomes the company's new Commercial A/V division focused on AV products and solutions for commercial, residential, security and broadcast applications.
The Acquisition enables a more comprehensive offering of AV infrastructure products and solutions from one company to ultimately better service the needs of the growing AV markets.
"The Middle Atlantic brand, operations, and services are continuing as they always have, so our customers can continue to expect the exceptional experience we work hard to deliver every day,” said Mike Baker, Middle Atlantic President and now also President of Legrand’s Commercial A/V division. "Now that we have the backing and support of a global company, we will be able to consider new products and services that will only increase our ability to serve our customers and the installation community going forward."
Middle Atlantic Products will be releasing several significant new product lines at the upcoming InfoComm commercial AV tradeshow, including a new rack series with patent-pending features. Executives from Legrand and Middle Atlantic will be attending the show and meeting with customers and others to gather feedback and answer questions.
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for use in commercial, industrial and residential markets makes it a benchmark for customers worldwide. Innovation for a steady flow of new products with high added value is a prime vector for growth. Legrand reported sales of $5.7 billion in 2010. Legrand has a strong presence in the North American market, with a portfolio of well-known product lines that include Cablofil, Electrorack, On-Q, Ortronics, Pass & Seymour, Vantage, Watt Stopper and Wiremold. The company is listed on NYSE Euronext and is a component stock of indexes including the SBF120, FTSE4Good, MSCI World, ASPI. In 2010, Legrand was added to the European DJSI as well (ISIN code FR0010307819).
About Middle Atlantic Products, Inc.
Middle Atlantic Products, Inc. manufactures exceptional support and protection products to mount integrated AV systems in Residential, Commercial, Broadcast, and Security applications. All of our products are engineered to maximize system reliability and to meet the needs of installers; from thermal considerations and built-in cable management on our racks and enclosures, to pre-installed washers on our rack screws, we build in ways to save time and simplify the job. www.middleatlantic.com