LEGRAND

Legrand (LR.XPAR) recently confirmed several key strategic moves. The acquisition of Avtron Power Solutions, specializing in power quality solutions, adds an estimated $350 million in revenue and strengthens its presence in high-growth markets. At the same time, Legrand signed a share buyback agreement, signaling strong management confidence. Despite a 13% drop last week, the company shows solid sales growth, particularly in the data center sector, driven by initiatives focused on smart home technology and sustainability.

Legrand's shares dropped 13.1% last week after a 38.6% gain since the start of the year and doubling over five years. The decline comes as the group focuses on key acquisitions, notably Avtron Power Solutions, a global leader in electrical quality solutions, projected to generate nearly $350 million in revenue by 2025. Simultaneously, Legrand emphasizes smart home technology and sustainability, strengthening its position in growing markets. Additionally, a share buyback program was announced, underscoring its commitment to support the stock price. These factors are expected to drive a recovery and support medium-term growth despite recent volatility.

Legrand continues its growth trajectory with major announcements in early October 2025. The company completed the acquisition of Cogelec Développement and secured a majority stake in Cogelec, strengthening its position in the sector. It also signed a definitive agreement to acquire Avtron Power Solutions, a global leader in power quality and electrical charging solutions, expanding its footprint in high-growth markets. Meanwhile, Jefferies upgraded Legrand's rating to "Buy," highlighting robust expansion in data center activities and turnaround potential in other segments. The stock has performed exceptionally well, gaining over 25% in three months, supported by these strategic moves and increased investor confidence.