Legrand Continues Acquisition Spree; Acquires Finelite

EXCLUSIVE:  MUST CREDIT EDISONREPORT….EdisonReport has learned that Legrand is acquiring Finelite.   We have further learned that Lighting will be the first official sector of Legrand, which consists of Finelite, Pinnacle and OCL.  Although John Selldorff will be president of the sector, each subsidiary will have its own president.

EdisonReport expects to have an internal Legrand letter later this morning.

Developing…