close
search
Legrand, the global specialist in electrical and digital building infrastructure, announces it has finalised the acquisition of VASS Electrical Industries.
Based out of Ingleburn, NSW and employing 35 people, VASS is the Australian specialist and market leader in Busway power distribution solutions since 1958. VASS has a strong focus on the fast-growing data centre market, as well as commercial and infrastructure segments.
Combining VASS’ unique Busway power distribution solutions with Legrand’s existing electrical and digital building infrastructure products enables both companies to provide a wider and comprehensive offering to customers.
“Our investment in VASS, as well as Mechanical Support Systems (MSS), the New-Zealand market leader in cable management solutions in December 2023, demonstrates the active implementation of our growth strategy in the ANZ market and our focus on increasing our local manufacturing footprint,” said Palash Nandy, CEO at Legrand ANZ, which has its local headquarters in Prestons, Sydney.
“We are thrilled to welcome and work with the team at VASS. I’m confident that our combined market strengths and complementary solutions will improve the lives of our customers and accelerate their electrical, digital infrastructure and sustainability goals.”
The leased data centre sector within the Australian data centre industry is currently undergoing dynamic growth, with an anticipated CAGR of 15% in revenue over the next three years driven by increasing internet traffic, AI and the surge in cloud computing.
Data centres is also one of Legrand’s fastest growing segments, contributing to ~15% of its sales globally. In Australia alone, Legrand has seen solid double-digit growth year-on-year on its data centre offering.
Christopher Vass, VASS Managing Director said, “Joining Legrand is a win-win situation It was a logical next step for us as Legrand is a market leader that shares our commitment to industry excellence and delivering smart, sustainable and innovative solutions. We are confident that joining Legrand will help our Australian and global customers take their businesses to greater heights and similarly provides Legrand an avenue to increase and complement their offering to these markets.”
Legrand Australia distributes electrical and digital infrastructure solutions under six brands including Legrand, HPM, Bticino, Starline, Raritan and now, VASS. Local manufacturing from the Prestons facility represents 40% of Legrand Australia’s revenue. Legrand also has a dedicated R&D team that design products and solutions specifically suited to the needs of the ANZ market.
Legrand’s global strategic roadmap focuses on initiatives in growth and development including targeted acquisitions, innovative product launches and expanding into new markets.