30 January 2013


Summary of Transaction

The acquisition accelerates Legrand's expansion in Brazil, following the acquisition of SMS in 2011, in line with Legrand's strategy of targeted, self-financed acquisitions of small and mid-size companies with leading market positions.

The acquisition of Daneva, uncontested leader of the Brazilian market for connection accessories (including extension cords, multi-sockets and adaptors), rounds out Legrand's offering and existing strong positions in Brazil, where the group is already No. 1 in wiring devices, door entry systems, miniature circuit-breakers, industrial enclosures and UPS.

Based near Sao Paulo, Daneva has nearly 500 employees and reported sales of around €28 million in 2011.

Date of closing

January 18 , 2013

All firms Involved

Demarest e Almeida Advogados
Pavesio Advogados Associados

Lawyers acting in transaction

Paulo Rocha (Senior Partner)
Alessandra Vilardi (Partner)

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