The 2020 Mid-Year Economic Update_long

Legrand Buys Chinese Manufacturer

Electrical manufacturer Legrand, based in France, is buying TCL Wuxi, a Chinese manufacturer specialized in modular and high-current circuit-breakers.
&nbsp ;
The move reinforces Legrand's presence in China. Legrand is already active in the energy-distribution segment in China.
&nbsp ;
TCL Wuxi, which reports sales of close to & euro; 20 million (US$29.3 million at current rates of exchange) has a sales force of 200. &nbsp ;
&nbsp ;
TCL Wuxi is Legrand's fifth acquisition since January 2007, following HPM, number two for wiring devices in Australia; UStec, a US company specializing in residential structured cabling; Kontaktor, number one for high-current circuit-breakers in Russia; and, most recently, Macse, Mexico's number one producer of metal cable management ...

Electrical manufacturer Legrand, based in France, is buying TCL Wuxi, a Chinese manufacturer specialized in modular and high-current circuit-breakers.
&nbsp ;
The move reinforces Legrand’s presence in China. Legrand is already active in the energy-distribution segment in China.
&nbsp ;
TCL Wuxi, which reports sales of close to & euro; 20 million (US$29.3 million at current rates of exchange) has a sales force of 200. &nbsp ;
&nbsp ;
TCL Wuxi is Legrand’s fifth acquisition since January 2007, following HPM, number two for wiring devices in Australia; UStec, a US company specializing in residential structured cabling; Kontaktor, number one for high-current circuit-breakers in Russia; and, most recently, Macse, Mexico’s number one producer of metal cable management systems. Sales of these five companies should represent close to & euro; 200 million on an annual basis.
&nbsp ;
Legrand operates in over 60 countries with sales of & euro; 3.7 billion in 2006.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.