Announced
Completed
Synopsis
Legrand, a global specialist in electrical and digital building infrastructures, completed the acquisition of Ensto Building Systems, a provider of high quality and tailored electrification, lighting and EV charging products for buildings, from Ensto Invest, an international technology company providing reliable and smart electric solutions and expertise for electricity distribution networks and buildings. Financial terms were not disclosed. “The transaction serves perfectly Ensto Building Systems’ strategy to become the leading player in the Nordics and in selected niche markets.” says Tiitu, and continues: “In Legrand, we will have a dedicated owner who has a great track-record of supporting businesses like ours, which enables us to develop all our seven product areas even further," Jukka Tiitu, Ensto Building Systems President and Managing Director.
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