M&A Deal Summary

Legrand Acquires NetRack

On April 23, 2024, Legrand acquired manufacturer NetRack

Acquisition Highlights
  • This is Legrand’s 4th transaction in the Manufacturing sector.
  • This is Legrand’s 3rd transaction in India.

M&A Deal Summary
Date 2024-04-23
Target NetRack
Sector Manufacturing
Buyer(s) Legrand
Deal Type Add-on Acquisition

Target

NetRack

Bangalore, India
website
NetRack provides server and network rack manufacturing. NetRack was founded in 2002 and is based in Bangalore, India.

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Buyer(S) 1

Buyer

Legrand

Limoges, France

website

Category Company
Founded 1865
Sector Electrical Equipment
Employees38,000
Revenue 8.3B EUR (2022)
DESCRIPTION

Legrand manufactures products and systems for low-voltage electrical installations and data networks used in residential, commercial and industrial buildings. The company operates primarily in France, Italy, Rest of Europe, the United States, and Canada. Legrand was founded in 1865 and is based in Limoges, France.

DEAL STATS #
Overall 49 of 49
Sector (Manufacturing) 4 of 4
Type (Add-on Acquisition) 47 of 47
Country (India) 3 of 3
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-23 Enovation

Capelle aan den IJssel, Netherlands

Enovation provides healthcare software in the market for connected health and assisted living. Specializing in B-to-B, Enovation's offerings include software for remote monitoring of elderly and dependent persons using connected objects, sharing health information and data, and coordinating care between facilities, providers, and professionals. Enovation was founded in 1983 and is based in Capelle aan den IJssel, The Netherlands.

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