Legrand's Acquisition of Milestone

C. Fritz  Foley; F. Katelynn  Boland

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Case | HBS Case Collection | August 2019

Legrand's Acquisition of Milestone

by C. Fritz Foley and F. Katelynn Boland

Abstract

In June 2017, Legrand, a global specialist in electrical and digital building infrastructure which was a serial acquirer, announced it had signed an agreement to buy Milestone AV Technologies, a leading designer and manufacturer of branded audio-video products. This case describes Legrand's approach to screening, pursuing, and integrating targets as well as the criteria used to evaluate if a deal is successful.

Keywords: Mergers ＆ Acquisitions; acquisition strategy; Mergers and Acquisitions; Management; Strategy; Corporate Finance; Electronics Industry; Europe; United States;