Legrand Targets €15 Billion Revenue by 2030 Amid Data Center Growth and Strategic Acquisitions
Legrand aims to reach €15 billion in revenue by 2030, with a current trajectory of strong growth. Approximately 25% of their revenue comes from data centers, driven by increasing demand linked to artificial intelligence (AI).
In October 2025, Legrand acquired US-based Avtron Power Solutions for €1.1 billion, marking its largest acquisition since 2017. This acquisition will enhance their offerings in data center testing equipment.
Legrand invests 4-5% of revenue into R&D, launching multiple new products annually. The company has maintained a stable workforce of 5,000 in France but will relocate three factories by 2026, citing the need for productivity adjustments.
Despite international tensions, Legrand emphasizes adaptability as essential for maintaining its operations. The firm received an 'A' rating from the Carbon Disclosure Project for its commitment to reducing carbon footprints, indicating a focus on sustainability and digitalization in future growth.
