Legrand Electric Acquires CP Electronics
Legrand Electric Limited has acquired CP Electronics Limited, a UK-based in energy efficient lighting controls manufacturer.
This acquisition follows the acquisition of Jontek, a specialist provider of software platforms for assisted living call centres, by Legrand earlier this month.
Legrand, in announcing the acquisition, noted that solutions from CP Electronics are complementary to its offer in the commercial segment, where the company has leading positions in workstation solutions and in cable management systems.
More generally, CP Electronics will boost Legrand’s international presence in energy efficient lighting control, a market driven by new building regulations and increased demand for energy saving solutions and where Legrand already commands leading positions, namely in the United States thanks to its Wattstopper brand.
London-based CP Electronics employs 180 people.
CP Electronics will form part of a newly created energy controls business unit, run by CP Electronics management team reporting to Tony Greig, CEO Legrand Electric.