Legrand Announces Two Acquisitions in Data Centers

LIMOGES, France — Legrand is pursuing its active bolt-on acquisition strategy with the announcement of two new transactions in datacenters:

• Keydak¹, a leading Chinese rack manufacturer based in Guangzhou. The company employs more than 330 people and generates annual revenue of more than €60 million.
• TES, a European specialist in power distribution systems, with more than half of its revenue derived from datacenters. Based in Cookstown, United Kingdom, the company employs 280 people and generates close to €85 million in annual revenue.

Benoît Coquart, Legrand’s Chief Executive Officer; commented:
“These two new transactions strengthen our positions in the datacenter market, both in compute infrastructure (around the chip) and in critical power.
With these announcements, a total of four acquisitions have been announced this year, all in datacenters, which accounted for 26% of our revenue at the end of 2025. Together, these acquisitions represent around €285 million in additional annual revenue and reflect the consistent execution of our strategic roadmap towards 2030.”

¹ Subject to customary closing conditions