M&A Deal Summary

Legrand Acquires SWELECT Energy Systems

On February 10, 2012, Legrand acquired electrical equipment company SWELECT Energy Systems for 806M INR

Acquisition Highlights
  • This is Legrand’s 18th transaction in the Electrical Equipment sector.
  • This is Legrand’s 2nd largest (disclosed) transaction.
  • This is Legrand’s 2nd transaction in India.

M&A Deal Summary

Date 2012-02-10
Target SWELECT Energy Systems
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition
Deal Value 806M INR

Target

SWELECT Energy Systems

Chennai, India
SWELECT Energy Systems Ltd. is a power electronics and renewable energy company.

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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 25 of 55
Sector: Electrical Equipment M&A 18 of 34
Type: Add-on Acquisition M&A Deals 25 of 53
Country: India M&A 2 of 3
Year: 2012 M&A 1 of 4
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-23 Middle Atlantic Products

Fairfield, New Jersey, United States

Middle Atlantic Products, Inc. specializing in AV products and solutions for commercial, residential, security and broadcast applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-23 Aegide B.V.

Veghel, Netherlands

Aegide B.V. develops VDI (Voice, Data, Image) cabinets for data centers in the Netherlands.

Buy -