Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Legrand is a French company, a manufacturer of electrical products, as well as solutions for electrical and information networks.

 
 
 
 

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
53
Assets(RF), mln.USD
117
Capital(RF), mln.USD
107
Glob.Revenue, mln.USD
9109
Plants
3
Staff(RF), 2021
662
Taxes(RF), mln.USD
15

11.10.2023: IEK HOLDING LLC becomes the new founder of the organization. The entry about the founder of FULL PARTNERSHIP "LEGRAND P.T." was removed from the Unified State Register of Legal Entities.

The Company Statement
October 11, 2023

Legrand announces its intention to disengage from Russia. Russian electrical engineering company IEK Group has acquired the assets of the French company Legrand in the Russian Federation. As part of the deal, IEK Group acquired three production facilities and over 20 company branches in Russian cities. 06.2024: JOINT STOCK COMPANY "LIM-GROUP" becomes the new founder of the organization.

Open the Statement
Statements Archive
October 12, 2023IEK Group acquired Russian assets of the French Legrand
January 25, 2023Legrand Announces Its Intention to Disengage From Russia
January 25, 2023France’s Legrand to leave Russia — company
December 07, 2022Letter sent by B4Ukraine to the company (no response provided)
April 01, 2022World presence - Legrand
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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