M&A Deal Summary

Legrand Acquires Saudi Electric Industries - Seico

On February 6, 2013, Legrand acquired electrical equipment company Saudi Electric Industries - Seico

Acquisition Highlights
  • This is Legrand’s 21st transaction in the Electrical Equipment sector.
  • This is Legrand’s 1st transaction in Saudi Arabia.

M&A Deal Summary
Date 2013-02-06
Target Saudi Electric Industries - Seico
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition

Target

Saudi Electric Industries - Seico

Jeddah, Saudi Arabia
website
Saudi Electric Industries Co. - Seico is a manufacturer and supplier of cable management systems and accessories for the Oil and Gas and Industrial sectors across KSA and the Gulf Region.

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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 29 of 47
Sector (Electrical Equipment) 21 of 30
Type (Add-on Acquisition) 28 of 45
Country (Saudi Arabia) 1 of 1
Year (2013) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-15 NuVo Technologies

Hebron, Kentucky, United States

NuVo Technologies, Inc. is a specialist in multi-room audio systems in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-07 S2S Inverters

Roquebrune sur Argen, France

S2S Inverters is a specialist in uninterruptable power supplies (UPS).

Buy -
Mergr

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