7 acquisitions announced since the beginning of the year

Regulatory News:

Legrand (Paris:LR) is continuing its bolt-on acquisition strategy and announced two new acquisitions today.

UPSistemas is a Colombian specialist in the integration, commissioning, maintenance and monitoring of technical infrastructures, in particular for datacenters. Based in Bogota, and employing more than 300 people, UPSistemas reports annual revenue of around €30 million. After Netrack, Davenham and Vass, UPSistemas represents the fourth acquisition this year in the datacenter segment.

APP (Australian Plastic Profiles)1 is an Australian cable management (conduit) leader for all types of buildings. Based in Sydney, Australian Plastic Profile employs approximately 250 people and generates an annual revenue of over €100 million. With this acquisition, Legrand doubles its size in Australia and becomes a major player in this leading market.

Benoît Coquart, Directeur général de Legrand, commented: "Our external growth is particularly vigorous this year, with 7 operations announced to date representing annualized revenue of nearly €350 million. We will maintain this momentum in coming quarters as we continue to strengthen our positions through targeted and complementary acquisitions."

Key financial dates

  • 2024 Capital Markets Day : September 24, 2024 – London (UK)
  • 2024 nine-month results : November 7, 2024 “Quiet period2” starts : October 8, 2023
  • 2024 annual results : February 13, 2025 “Quiet period1” starts : January 14, 2025
  • General Meeting of Shareholders : May 27, 2025

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.

The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable.

Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: datacenters, connected offerings and energy efficiency programs).

Legrand reported sales of €8.4 billion in 2023. The company is listed on Euronext Paris and is notably a component stock of the CAC 40, CAC 40 ESG and CAC SBT 1.5 indexes. (code ISIN FR0010307819). https://www.legrandgroup.com

__________________________ 1 Subject to standard conditions precedent. 2 Period of time when all communication is suspended in the run-up to publication of results.

Readers are invited to verify the authenticity of Legrand press releases with the CertiDox app. Learn more at www.certidox.com

Investor relations & financial communication Ronan MARC (Legrand) +33 1 49 72 53 53 ronan.marc@legrand.com

Press relations Lucie DAUDIGNY (TBWA) +33 6 77 20 71 11 lucie.daudigny@tbwa-corporate.com

Luminex Resources (TSXV:LR)
過去 株価チャート
から 10 2024 まで 11 2024 Luminex Resourcesのチャートをもっと見るにはこちらをクリック
Luminex Resources (TSXV:LR)
過去 株価チャート
から 11 2023 まで 11 2024 Luminex Resourcesのチャートをもっと見るにはこちらをクリック