Legrand (company)
 |
|
| Société Anonyme | |
| Traded as |
Euronext: LR CAC 40 Component |
| Industry | Electrical equipment |
| Founded | 1904, by Frédéric Legrand |
| Headquarters | Limoges, France |
|
Key people
|
Gilles Schnepp (Chairman and CEO) |
| Products | Switches, electrical connectors and other circuit components, circuit breakers, electrical cabinets, conduits and other cable management products |
| Revenue | €4.499 billion (2014) |
| €757.6 million (2010) | |
| Profit | €418.3 million (2010) |
| Total assets | €6.065 billion (end 2010) |
| Total equity | €2.736 billion (end 2010) |
|
Number of employees
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36,000 (end 2014) |
| Website | www.legrand.com |
Legrand is a French industrial group historically based in Limoges in the Limousin region.
In 2011, Legrand Arteor was the largest globally for switches and sockets, with 20% of the global market, and it was also globally largest in cable management (15% of the global market), generating 75% of its turnover internationally. It ranks second in India for sales of switches and sockets, and ranks first for miniature circuit breakers (MCBs) and distribution boards (DBs).
The Group is also expanding its product range with regards to sustainable development and energy saving technologies, and also has developed new products for photovoltaic installations and lighting control.
The company's origins date back to 1865, when a Limoges porcelain (in France's Limousin region) workshop was set up on the route to Lyon originally making porcelain dishes.
In 1904, the company was taken over by Frédéric Legrand, who gave his name to the company.
In 1919, the company entered into partnership with Jean Mondot, an artisan from Limoges who had started, in Exideuil, a small factory making electric switches using porcelain and boxwood.
Manufacturing subsequently gradually diversified into electrical equipment. At that time, before the appearance of plastic, porcelain was the best available insulating material.
In 1949, following a factory fire, the decision was made to concentrate exclusively on electrical wiring devices (switches and sockets). The company very quickly extended its range to cover protection products (fuse-holders and circuit breakers, etc.), cable management products (trunking and mini-trunking), emergency lighting, etc.
Since then, Legrand has made 120 targeted acquisitions, thus becoming a large, diversified maker of electrical wiring devices with more than 150,000 product items. As of 2006, it has bases in 70 countries and sales in 180 countries.
Some notable dates:
1966 : First subsidiary outside France established in Belgium.
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Wikipedia