The 2020 Mid-Year Economic Update_long

Legrand Expands in Mexico

Electrical supplier Legrand has acquired Macse, a Mexican producer of metal cable trays.
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The move strengthens Legrand's presence in Mexico, a high-growth market where it is already a player in wiring devices and energy distribution.
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Macse reported 2006 sales of close to & euro; 10 million (US$14 million).
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In Mexico, sales have risen 15% since the beginning of the year.
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This move follows a series of acquisitions since the beginning of the year, including HPM, No. 2 in wiring devices in Australia; UStec, an American company specializing in residential structured cabling; and Kontaktor, Russia's No. 1 in high-current circuit-breakers. Together the four companies are expected to generate annual sales of over & euro; 170 million ...

Electrical supplier Legrand has acquired Macse, a Mexican producer of metal cable trays.
&nbsp ;
The move strengthens Legrand’s presence in Mexico, a high-growth market where it is already a player in wiring devices and energy distribution.
&nbsp ;
Macse reported 2006 sales of close to & euro; 10 million (US$14 million).
&nbsp ;
In Mexico, sales have risen 15% since the beginning of the year.
&nbsp ;
This move follows a series of acquisitions since the beginning of the year, including HPM, No. 2 in wiring devices in Australia; UStec, an American company specializing in residential structured cabling; and Kontaktor, Russia’s No. 1 in high-current circuit-breakers. Together the four companies are expected to generate annual sales of over & euro; 170 million (US$245 million) in 2007.

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