Legrand SA (OTCPK:LGRDY, Euronext:LR) – Global Leader in Building Electrical and Digital Infrastructure | Company Profile
Legrand SA is a globally leading industrial group headquartered in France, specializing in the research, development, manufacturing, and distribution of electrical and digital building infrastructure. With branches in 90 countries and products available in nearly 180 countries, 85% of its sales come from international markets, renowned for its diversified portfolio and sustainable technological innovation.
1. Company Overview
Founded in 1865 and headquartered in Limoges, France, Legrand SA employs approximately 32,994 full-time staff. As a global leader in building electrical and digital infrastructure, its business focuses on energy distribution, smart buildings, network communications, and industrial solutions, committed to providing efficient and sustainable electrical systems for residential, commercial, industrial, and data center applications.
Official Website: https://www.legrandgroup.com/en
2. Core Business Segments
- Energy Distribution and Management
- Provides EV charging equipment, distribution panels, UPS power supplies, etc., covering energy needs in residential, commercial, and industrial scenarios.
- Smart Building and Communications
- Encompasses building automation systems, smart home devices, network cabling, access control security, and fire alarm systems to drive building digital transformation.
- Cable Management and Industrial Products
- Manufactures wire ducts, pipes, industrial plugs and sockets, and motor control equipment to meet electrical installation and protection needs in industrial environments.
- Sustainable Technologies and Emerging Markets
- Focuses on EV charging, data center energy management, and energy-efficient lighting technologies to respond to global green transition trends.
3. Technical and Business Advantages
- Global Presence and Market Leadership: Operates in 180 countries, with 85% of sales from international markets, demonstrating strong localized service capabilities.
- Technological Innovation and R&D Investment: Invests approximately 5% of sales in R&D annually, launching over 300,000 products and leading industry standards (e.g., EV PLUG alliance for EV charging).
- Sustainability Capabilities: Focuses on energy-saving technologies and green products to help buildings achieve low-carbon goals.
- Brand and Industry Legacy: With a history of over 150 years, it owns more than 70 renowned brands including Legrand and BTicino, serving global landmark projects such as the Louvre, Beijing Daxing Airport, and more.
4. Development History
| Year | Key Events |
|---|---|
| 1865 | Founded in Limoges, France, initially specializing in porcelain manufacturing. |
| 1904 | Frédéric Legrand took over the company and officially named it "Legrand." |
| 1919 | Collaborated with Jean Mondot to start producing porcelain electrical switches, entering the electrical field. |
| 1949 | After a factory fire, shifted focus to electrical wiring devices (switches, sockets), gradually expanding to fuse holders, wire ducts, etc. |
| 1966 | Established the first overseas subsidiary in Belgium, launching international expansion. |
| 1970 | Listed on the Paris Stock Exchange (Euronext:LR). |
| 1989 | Acquired BTicino, a leading Italian electrical company, accelerating European market integration. |
| 2000 | Acquired U.S.-based Wiremold, doubling the group's size and establishing a North American market presence. |
| 2006 | Acquired TCL Electrical (China) and Vantage Controls (U.S.), entering the Asia-Pacific and smart control markets. |
| 2010 | Founded the EV PLUG alliance with Schneider and Scame to establish European EV charging standards; acquired IndoAsian Switchgear (India) to expand modular circuit breaker business. |
| 2015 | Invested in Netatmo, an IoT startup, to expand into smart home领域. |
| 2021 | Launched the "Legrand Care" brand focusing on medical and assisted living systems; acquired Ensto Building Systems (Finland) to strengthen Nordic market presence. |
| 2024 | Acquired data center companies like Davenham and VASS, shifting focus to high-growth digital infrastructure; completed multiple acquisitions (e.g., UPSistemas in Colombia, APP in Australia) to expand global market share. |
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