Legrand Targets €15 Billion Revenue by 2030 Amid Data Center Growth and Strategic Acquisitions
DATA AND AI INFRASTRUCTURE
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.

Feb 1, 2026, 2:09 PM