Legrand, North and Central America (LNCA) has announced that it has entered into a definitive agreement to acquire Universal Electric Corporation* (UEC). This acquisition will enhance Legrand’s global position as a leader in the data center power industry, broaden Legrand’s product offerings and expertise in solution options for key customer segments, and enable future product innovation and designs that will improve data center efficiency and reliability.
UEC will become part of LNCA’s Data Center Power and Control division along with several other premium, best-of-breed brands: Server Technology, Raritan, AFCO, Electrorack, and Ortronics. UEC’s power distribution solutions frequently interconnect with Legrand’s other data center power solutions and this acquisition will enable closer collaboration and more innovative market offerings in the future.
“Legrand has enjoyed significant growth in the data center market by focusing on best-of-breed product offerings,” said John Selldorff, president and CEO of Legrand, North and Central America. “As a global leader in customizable power solutions, Universal Electric Corporation’s award-winning products have revolutionized electrical power distributing in data centers, and perfectly complement our other brands in this business. With this acquisition, we will be providing our customers better solutions for data center applications.”
Founded in 1924, UEC has been providing innovative electrical power solutions for the data center, retail, health care, higher education and industrial markets across the U.S. and around the world.
“We are excited to join Legrand and provide our customers with a significantly broader product portfolio, as well as advanced R&D capabilities and an expanded global reach,” said Joel Ross, president and CEO of Universal Electric Corporation. “The combination of Universal Electric Corporation and Legrand’s data center power and control brands will enable us to provide accelerated product development, better service, and faster response times to customers in North America and across the globe.”
Legrand and Universal Electric Corporation expect to complete the transaction within the next sixty days, upon fulfilment of closing conditions.