Legrand Continues to Strengthen Its Positions in the United States by Acquiring QMotion, a Specialist in Natural Light Control
2015年12月19日 - 2:00AM
ビジネスワイヤ(英語)
Regulatory News:
Legrand (Paris:LR) is actively pursuing its development in the
United States, the group’s #1 country by sales, and today announced
the acquisition of QMotion, a specialist in natural light control
for residential buildings.
QMotion offers solutions for managing day light through wireless
local or remote control of automated shades, a market driven
primarily by changing energy codes and consumers’ increasing
willingness to reduce their energy consumption.
QMotion’s solutions are an ideal complement to Legrand’s
lighting control offer in the United States, where the group holds
leading positions in highly energy-efficient lighting control
(Wattstopper) and high-end residential lighting control (Vantage).
They will thus enable Legrand to offer solutions for both
artificial and natural lighting control.
Based in Florida, QMotion has 80 employees and annual sales of
around $16 million, of which 80% achieved in the United States.
Key financial dates
- 2015 full-year results: February 11,
2016
- 2016 first-quarter results: May 4,
2016
- General Meeting of Shareholders: May
27, 2016
ABOUT LEGRAND
Legrand is the global specialist in electrical and digital
building infrastructures. Its comprehensive offering of solutions
for commercial, industrial and residential markets makes it a
benchmark for customers worldwide. Drawing on a nearly 10-year CSR
(Corporate Social Responsibility) approach that involves all
employees, Legrand is pursuing its strategy of profitable and
sustainable growth driven by innovation, with a steady flow of new
offerings-—including Eliot* connected products that enhance value
in use-—and acquisitions. Legrand reported sales of €4.5 billion in
2014. The company is listed on Euronext Paris and is a component
stock of indexes including the CAC40, FTSE4Good, MSCI World,
Corporate Oekom Rating and DJSI (ISIN code
FR0010307819).www.legrand.com
*Eliot is a program launched in 2015 by Legrand to speed up
deployment of the Internet of Things in its offering. A result of
the group’s innovation strategy, the Eliot program aims to develop
connected and interoperable solutions that deliver lasting benefits
to private individual users and
professionals.http://www.legrand.com/EN/eliot-program_13238.html
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151218005656/en/
Investor Relations:LegrandFrançois Poisson, Tel:
+33 (0)1 49 72 53 53Fax: +33 (0)1 43 60 54
92francois.poisson@legrand.frorPress Relations:Publicis
ConsultantsRobert Amady, Tel: +33 (0)1 44 82 46 31Mob: +33 (0)6 72
63 08 91robert.amady@consultants.publicis.fr
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