PARIS: Legrand (Paris:LR) said Wednesday it has acquired SRS Power Engineering in Malaysia, a move that deepens the French electrical equipment maker’s foothold in Asia’s growing data center market.
The acquisition of Selangor-based SRS, a specialist in low- and medium-voltage power protection for data centers and industrial applications, adds about €90 million in annual revenue and more than 280 employees, Legrand said.
“This additional transaction further strengthens our positions in Asia, particularly in Malaysia following last year’s acquisition of Linkk Busway Systems,” said Benoît Coquart, Legrand’s chief executive officer. “It enables Legrand to offer a local, dedicated solution for critical power supply in datacenters.”
The deal is the fifth acquisition Legrand has announced this year, all focused on energy transition and data centers — a sector that accounted for nearly half of the company’s revenue at the end of 2025. Together, the five transactions represent approximately €370 million in additional annual revenue, Legrand said.
“Taken together, these transactions illustrate the continued execution of our 2030 strategic roadmap,” Coquart said.
Legrand, a global specialist in electrical and digital building infrastructures, reported sales of €9.5 billion in 2025.
The company has scheduled a Capital Markets Day in Singapore on Sept. 29, 2026. Its annual general meeting of shareholders will be held May 27, 2026, with an ex-dividend date of May 29 and dividend payment on June 2. First-half results are due July 29. A quiet period begins June 29.
