Legrand has introduced the acquisition of two firms, Davenham and VASS, to bolster its presence within the quickly increasing information centre sector.
Davenham, primarily based in Dublin, specialises in low-voltage energy distribution techniques for information centres, together with safety, switching, metering, and vitality distribution. The corporate employs 350 individuals and generates annual income of roughly €120 million, primarily from Europe and the USA.
VASS, an Australian firm, is a specialist in busbars for information centres. Situated in Ingleburn, close to Sydney, VASS employs round 40 individuals and studies annual income just below €10 million, primarily from Australia and the Asia-Pacific area.
Legrand’s Chief Government Officer, Benoît Coquart, stated, “We’re more than happy to announce these acquisitions that can considerably complement our providing within the ‘white’ area (servers’ room) with stable positions within the ‘gray’ area (technical room), within the very promising datacenters phase. With 10 acquisitions in that vertical over the previous 5 years, Legrand confirms its development acceleration technique in a website the place we’re a key participant and really nicely positioned.”
Together with these two acquisitions, together with the three investments introduced earlier this 12 months — MSS, Enovation, and Netrack — Legrand’s latest acquisitions signify annual income exceeding €200 million.