Legrand Acquires Keydak and TES for Data Center Growth

Legrand, a global leader in electrical and digital infrastructure solutions, has significantly expanded its data center capabilities through two strategic acquisitions: Keydak in China and TES in the United Kingdom. These moves underscore the company's aggressive push into the rapidly expanding digital infrastructure sector, a segment that already represents a substantial portion of its revenue.

The acquisition of Keydak, a prominent Chinese manufacturer of data center racks, positions Legrand to capitalize on the robust growth observed in the Asian data center market. Based in Guangzhou, Keydak brings a workforce of over 330 employees and generates annual revenues exceeding €60 million. This integration is expected to enhance Legrand's offerings in compute infrastructure, a critical component of modern data processing facilities.

Simultaneously, Legrand has secured TES, a United Kingdom-based specialist in power distribution systems for critical infrastructure. With 280 employees and annual revenues of approximately €85 million, more than half of which is derived from its data center operations, TES significantly strengthens Legrand's critical power solutions portfolio across Europe. This acquisition addresses the growing demand for reliable and efficient power management in data centers, a sector facing increasing energy consumption challenges.

These transactions follow a series of other data center-focused initiatives by Legrand in 2026, including the acquisition of Kratos Industries, a provider of low and medium-voltage power equipment, and a strategic partnership with Accelsius for two-phase liquid cooling technology. Collectively, these four data center-related deals announced this year are projected to add approximately €285 million in annual revenue, highlighting the strategic importance of this segment to Legrand's long-term vision.

The data center market continues its upward trajectory, driven by cloud computing adoption, artificial intelligence development, and the proliferation of digital services. Industry analysts project sustained double-digit growth for the global data center market over the next five years, making strategic investments in infrastructure crucial for market leaders like Legrand. The company's focus on both compute infrastructure and critical power addresses key operational demands within these facilities.

As of the close of 2025, data centers constituted 26% of Legrand's overall revenue, marking it as one of the company's most dynamic growth engines. These latest acquisitions align perfectly with Legrand's strategic roadmap extending to 2030, reinforcing its commitment to being a premier provider of essential infrastructure for the global data center ecosystem. Both acquisitions are contingent upon the satisfaction of standard closing conditions.