Association Between Legrand and Aegide Group Strengthens Both Groups' Position in the Data Center Market.
Veghel/Boxtel, the Netherlands, 23 February 2012 - Legrand announced today the acquisition of the Aegide Group, and its Minkels, Cortexon, Vaultex and dcs businesses.
Online, February 23, 2012 (Newswire.com) - From this date, Mr Gery Morssinkhof will hand over his function as Chief Executive Officer of Aegide Group to Mr Jeroen Hol, the former Group's Chief Commercial Officer, while remaining actively involved in Aegide's strategy and business development as a consultant to Legrand. The rest of Aegide's management team will remain unchanged.
Irving van Nes, Managing Director Legrand Nederland
"Minkels has established as a strong and valuable brand all across Europe and beyond, with a growing reputation for innovation and services. We believe that the Aegide/Minkels data center product range is very complimentary to Legrand's other product offering to the data center market, such as cable management, modular UPS, busbars, security systems, switchgears or datacom connectivity".
Jeroen Hol, CEO Aegide Group
"Legrand is already very active in the data center market worldwide through its different product lines and brands. Ortronics (structured cabling and VDI) and Cablofil (wiremesh), for instance are well-established brands in that market. Aegide and Legrand will work together to offer the data center market a more complete package. As such, this association will increase both companies' ability to offer complete, integrated, energy efficient and secure solutions for mission critical data center operations".
About the Aegide Group
Based in Europe, the Aegide Group (www.aegide-group.com) is a provider of complete solutions with regard to the development, manufacturing and marketing of high-quality housing, cooling and monitoring solutions for the ICT and high-tech OEM industries. The Aegide Group is involved in diverse activities, ranging from consultancy and development to the construction of remote-controlled, modular ICT data centers and the development and deployment of microhousings for state-of-the-art vision systems. The Aegide Group has wholly-owned subsidiaries in the Netherlands, Switzerland, the United Kingdom, Belgium and France. Using its dedicated and experienced workforce of approximately 170 people, the Aegide Group serves a number of prominent pan-European and global clients, including banks, government organizations and a variety of listed companies.
Legrand (www.legrand.com) is world's specialist in electrical and digital infrastructure for buildings, with products ranging from circuit breakers and wiring devices to structured cabling systems and home automation. With presence in more than 180 countries, and more than 40 brands worldwide, Legrand achieved in 2011 sales of â‚¬ 4,25 billion.
In the Netherlands, Legrand (www.legrandnederland.nl) is the specialist in the electrical and digital infrastructure for tertiary buildings as well as in the industry and residential sector. Legrand Nederland B.V. is the market leader in cable management and a top-3 player in the field of energy distribution solutions, with cable management systems, busbar systems and distribution panels
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