Data · Datacenter Dynamics
Legrand picks up Keydak in China and TES in UK
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Legrand has acquired two companies to expand its data center offerings.
Key facts
- Together, these acquisitions represent around €285 million ($330.7m) in additional annual revenue and reflect the consistent execution of their strategic roadmap towards 2030
- Brian Taylor, CEO of TES, said: “Joining Legrand is a landmark moment for TES
- The company said it had completed some 30 data center-centric acquisitions to date
- Legrand acquired five companies in the data center segment in 2024, including Canadian busbar company Power Bus Way, Netrack in India, Davenham in Ireland, Vass in Australia, and UPSistemas
Summary
The industrial firm this week announced two data center-related acquisitions, one in the UK and one in China. In China, Legrand has acquired Keydak, a rack manufacturer based in Guangzhou. In the UK, Legrand has acquired TES, a European specialist in power distribution systems, with more than half of its revenue derived from data centers. Legrand said the deals were part of its “active bolt-on acquisition strategy.” Benoît Coquart, Legrand’s CEO, said: “These two new transactions strengthen their positions in the datacenter market, both in compute infrastructure (around the chip) and in critical power.