M&A Deal Summary

Legrand Acquires Indo Asian Switchgear Pvt.

On July 23, 2010, Legrand acquired electrical equipment company Indo Asian Switchgear Pvt. for 600M INR

Acquisition Highlights
  • This is Legrand’s 13th transaction in the Electrical Equipment sector.
  • This is Legrand’s 2nd largest (disclosed) transaction.
  • This is Legrand’s 1st transaction in India.

M&A Deal Summary

Date 2010-07-23
Target Indo Asian Switchgear Pvt.
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition
Deal Value 600M INR

Target

Indo Asian Switchgear Pvt.

New Delhi, India
Indo Asian Switchgear Pvt. Ltd. is a electrical products company. It offers a whole range of electrical products for retail and industrial users.

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Buyer(S) 1

Buyer

Legrand

Limoges, France

Category Company
Founded 1865
Sector Electrical Equipment
Employees38,970
Revenue 8.6B EUR (2024)
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, the Rest of Europe, the United States, and Canada. Legrand was founded in 1865 and is based in Limoges, France.


DEAL STATS #
Overall 20 of 55
Sector: Electrical Equipment M&A 13 of 34
Type: Add-on Acquisition M&A Deals 20 of 53
Country: India M&A 1 of 3
Year: 2010 M&A 2 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-09 İnform Elektronik San. ve Tic. A.Ş.

Istanbul, Turkey

İnform Elektronik San. ve Tic. A.Ş. t offering that includes UPS1, voltage regulators, rectifiers, and static transfer switches covering all market needs from low-power applications to sophisticated solutions for industrial and IT applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-16 MetaSystem Energy S.r.L

Reggio Emilia, Italy

Meta System Energy S.r.L specialized in advanced modular UPS. It designs and produces systems for critical applications including data centers and financial institutions,

Buy -