M&A Deal Summary

Legrand Acquires Saudi Electric Industries Co. - Seico

On February 6, 2013, Legrand acquired electrical equipment company Saudi Electric Industries Co. - 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 Co. - Seico
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition

Target

Saudi Electric Industries Co. - Seico

Jeddah, Saudi Arabia
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

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 29 of 55
Sector: Electrical Equipment M&A 21 of 34
Type: Add-on Acquisition M&A Deals 28 of 53
Country: Saudi Arabia M&A 1 of 1
Year: 2013 M&A 1 of 3
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