Announced
Completed
Financials
Sources
Tags
Acquisition
United States
Cross Border
Private
optical services
Single Bidder
Friendly
Medical Equipment
Majority
Completed
Private Equity
Synopsis
Legrand, a French industrial group, completed the acquisition of Champion ONE, a provider of optical networking components and solutions for the telecommunication, content provider, data center, and enterprise markets, from Alvarez & Marsal Capital. Financial terms were not disclosed. “The C1 family of brands complements Legrand’s previous acquisitions to provide strong world-class engineering talent for unrivaled, customized IT infrastructure solutions. In addition, the acquisition expands our extensive mission-critical customer footprint and our reach in emerging tech, 5G and the evolving content delivery markets. We look forward to offering customers and partners our new enhanced solutions," John Selldorff, Legrand President and CEO.
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