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Synopsis
Legrand, a company specializing in electrical and digital building infrastructures, completed the acquisition of Avtron Power Solutions, a provider of load bank and power quality solutions, from Hidden Harbor Capital Partners, a private equity firm, for $1.125bn. “The acquisition of Avtron Power Solutions helps ensure Legrand’s extensive and expanding product portfolio continues to meet the needs of provisioning critical power and electrical infrastructures, like datacenters. I welcome Avtron employees around the globe to Legrand and look forward to learning more about the teams that have made Avtron such a success," Brian DiBella, Legrand, North and Central America President and CEO.
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