Business
Legrand Announces the Acquisition of Avtron Power Solutions in the United States, a Global Leader in Load Banks1 and Power Quality Solutions for Datacenters and Other Critical Applications
LIMOGES, France, October 02, 2025--Regulatory News: Legrand (Paris:LR) announces the acquisition of Avtron Power Solutions2 (Avtron).
About this update from Legrand Sa
[{"type":"text","content":"LIMOGES, France, October 02, 2025--(BUSINESS WIRE)--Regulatory News:","length":68,"tagName":"p"},{"type":"text","content":"Legrand (Paris:LR) announces the acquisition of Avtron Power Solutions2 (Avtron).","length":81,"tagName":"p"},{"type":"text","content":"Based in Cleveland, Ohio (USA), Avtron is a leading global provider of load banks and power quality solutions that serve a wide range of high-growth markets, like datacenters, where reliable delivery of power is required. The company is expected to generate nearly $350 million in revenue in 2025, with high profitability. Avtron employs 600 people and operates five manufacturing sites across North America and Europe.","length":419,"tagName":"p"},{"type":"text","content":"With a commitment to innovation and quality, Avtron delivers dependable solutions for datacenters, healthcare facilities, renewable energy applications and industrial manufacturing sites to ensure that critical power is available when it’s needed by customers worldwide.","length":270,"tagName":"p"},{"type":"text","content":"Specializing in critical applications, the company generates nearly half of its revenue from datacenters, for which it has launched the industry’s leading portfolio of load banks, including increasingly popular liquid-cooled options designed to keep up with the demands of high-density Artificial Intelligence loads in datacenters.","length":331,"tagName":"p"},{"type":"text","content":"With over 70% of its revenue generated in the United States, this acquisition significantly strengthens Legrand’s presence in energy transition-related solutions, particularly in fast-growing verticals such as datacenters grey room, microgrids, and healthcare.","length":260,"tagName":"p"},{"type":"text","content":"With an enterprise value of $1.125 billion, the terms of this acquisition comply with the Group’s financial criteria in terms of valuation multiples and value creation.","length":168,"tagName":"p"},{"type":"text","content":"Benoît Coquart, Legrand’s Chief Executive Officer, commented:"We are thrilled to announce the acquisition of Avtron Power Solutions, the global leader in load banks. In line with our Ambition 2030 plan, this transaction marks a strategic step forward in the energy transition space, particularly in datacenters which already accounted for 24% of our revenue in the first half of...