Add-on Acquisition • Electrical Equipment

Legrand Acquires Vass

On June 11, 2024, Legrand acquired electrical equipment company Vass

Acquisition Context
  • This is Legrand’s 32nd transaction in the Electrical Equipment sector.
  • This is Legrand’s 1st transaction in Australia.

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M&A Deal Summary

Date June 11, 2024
Target Vass
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition

Target Company

Vass

Ingleburn, Australia
Vass is a provider of electrical busway systems and products. The Company designs, manufactures, and supplies quality power distribution solutions for clients across various industries in Australia and overseas. Vass was formed in 1958 and is headquartered in Ingleburn, Australia.
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Buyer Overview 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 Context for Buyer #
Overall 51 of 55
Sector: Electrical Equipment 32 of 34
Type: Add-on Acquisition 49 of 53
Country: Australia 1 of 2
Year: 2024 5 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-03 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.

Buy -