CP Electronics acquisition enables new energy controls business unit
Having completed the acquisition of Jontek (software platform provider for assisted living call centres) earlier this month, Legrand Electric has acquired CP Electronics. Having completed the acquisition of Jontek (software platform provider for assisted living call centres) earlier this month, Legrand Electric has acquired CP Electronics.
More generally, CP Electronics will boost Legrand’s international presence in energy efficient lighting control, a market driven by new building regulations and increased demand for energy saving solutions and where Legrand already commands leading positions, namely in the United States thanks to its Wattstopper brand.
London based CP Electronics employs 180 people. CP Electronics will form part of a newly created energy controls business unit, run by CP Electronics management team reporting to Tony Greig, CEO, Legrand Electric.
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