M&A Deal Summary

Legrand Acquires Power Bus Way

On December 3, 2024, Legrand acquired electrical equipment company Power Bus Way

Acquisition Highlights
  • This is Legrand’s 33rd transaction in the Electrical Equipment sector.
  • This is Legrand’s 2nd transaction in Canada.
  • This is Legrand’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2024-12-03
Target Power Bus Way
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition

Target

Power Bus Way

Mississauga, Ontario, Canada
Power Bus Way is a provider of custom-designed cable bus solutions for data centers, industrial facilities, and commercial projects. Power Bus Way was founded in 2006 and is based in Mississauga, Ontario.

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Buyer(S) 1

Buyer

Legrand

Limoges, France
Category Company
Founded 1865
Sector Electrical Equipment
Employees32,944
Revenue 8.4B EUR (2023)
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 52 of 52
Sector (Electrical Equipment) 33 of 33
Type (Add-on Acquisition) 50 of 50
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2024) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 Davenham

Dublin, Ireland

Davenham provides low-voltage power distribution systems (protection, switching, metering and energy distribution) for datacenters, including hyperscalers. Its business also includes product commissioning and aftermarket services. Davenham was formed in 1982 and is headquartered in Dublin, Ireland.

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