Legrand Targets €15 Billion Revenue by 2030 Amid Data Center Growth and Strategic Acquisitions
Legrand aims to achieve €15 billion in revenue by 2030, with 25% of its current earnings stemming from the growing demand for data centers, particularly due to AI. The company made its largest acquisition since 2017 by purchasing Avtron Power Solutions for €1.1 billion, enhancing its data center testing capabilities. Legrand also prioritizes sustainability, receiving an 'A' rating from the Carbon Disclosure Project, while planning to relocate three factories by 2026 to improve productivity.
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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.
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