West Hartford's Legrand continues acquisition spree
PHOTO | Contributed
Legrand workers Chet Sacharko (left) and Johnston Cox pack a Legrand Wiremold custom raceway job for delivery.
West Hartford electrical and building systems manufacturer Legrand is continuing its buying spree, announcing Wednesday that it has signed an agreement to purchase a Minnesota maker of audiovisual products.
Legrand, whose parent company is based in France, said it plans to acquire Milestone AV Technologies, which designs and manufacturers branded audiovisual (AV) products, including flat panel mounting products, projector mounts, projection screens, equipment racks and AV furniture for both consumer and commercial markets.
Terms of the deal weren’t disclosed and it must go through the regulatory approval process, the company said.
The acquisition follows Legrand’s purchase last month of New York-based AFCO Systems, which designs and makes cabinets, racks and air containment systems for data centers and telecommunications companies. Legrand also announced in February that it purchased a Missouri lighting maker.
“Legrand is committed to serving the professionally installed AV industry, which is an attractive growth area driven by the advancement and expansion of video applications,” said John Selldorff, president and CEO of Legrand, North and Central America. “The combination of Milestone’s display mounting, projection screen and content capture technologies with Legrand’s strong offering in enclosures, power, furniture, connectivity and cable management, will greatly enhance Legrand’s position in the industry.”
Once the deal closes, the plan is for Milestone and Legrand’s Middle Atlantic business to come together under the AV Division of Legrand. Both the Milestone and Middle Atlantic product lines will remain in the market place.
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