Business News
Legrand strengthens datacom and AV position with Lastar acquisition

February 6, 2014 – Legrand says it has signed a definitive agreement to acquire Lastar Inc., including its Quiktron and C2G divisions. Quiktron is a manufacturer of copper and fiber optic cable assemblies for the datacom distribution channel, while C2G is a player in cabling and connectivity products for the A/V and IT industries.

“We are focused on providing a more integrated infrastructure solution, including cable assemblies, connectivity, cabinets, racks, cable tray and cable management solutions that will help address our customers’ requirements for next-generation data communications demands,” said John Selldorff, president and CEO, Legrand North America. “The acquisition of these leading organizations underscores Legrand’s commitment to strategic growth in the data communications and A/V channels.”

Legrand’s acquisition of Lastar and its Quiktron and C2G brands would strengthen its position and capabilities in the datacom and A/V channels, says the company, while simultaneously providing access to new customer segments.

“Lastar’s customers would undoubtedly benefit from the increased access to a diverse range of products and the complete turnkey suite of solutions that Legrand would offer,” said Bill Diederich, president and CEO, Lastar. “Upon formal completion, the acquisition would create new growth potential for all parties involved as the data communications, A/V and IT landscapes continue to evolve.”