Legrand acquired Numeric UPS [Mar 2012]
Legrand is actively pursuing its strategy of development through self-financed acquisitions of small to medium-size businesses with leading positions in their markets, and announced the acquisition of Numeric UPS, the UPS division of Numeric and India’s market leader for low – and medium-power UPS1 solutions.
The Numeric UPS acquisition, which follows Legrand’s purchase of Indo Asian Switchgear in July 2010, strengthens the group’s presence in India, where it already holds strong positions in miniature circuit breakers, distribution enclosures and high-end wiring devices. Numeric UPS brings Legrand a portfolio of quality products, strong brand awareness, and an extensive sales and service network of over 1,500 employees that covers the entire nation and rounds out the group’s reach in India. Legrand is thus strengthening its presence in a fast-growing market where it has recorded organic growth in sales averaging nearly 25 per cent a year over the past decade.
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