MCF acted as Corporate Adviser to the shareholders of A. & H. Meyer GmbH on the sale of their shares to Legrand Group
The shareholders of A. & H. Meyer GmbH (“A. & H. Meyer”), a leading international provider of furniture electrification systems, have disposed their shares to Legrand Group (“Legrand”). MCF’s industrials team advised A. & H. Meyer’s shareholders and helped to facilitate this cross-border transaction through a targeted and international run sales process.
The Deal
A. & H. Meyer was established more than 60 years ago and is today Germany’s leading player in “power to furniture” connectivity solutions for commercial buildings. Based in Dörentrup, the Company has entities and production footprint in Germany and Malaysia. This transaction helps Legrand to further strengthen its global positions in segments buoyed by strong, structural trends such as energy-efficiency infrastructures as well as solutions for flexible and comfortable ways of working.
A. & H. Meyer will continue to operate under its current management team and brand to allow for a smooth transition and integration phase.
The Target
A. & H. Meyer is Germany’s leading player in “power to furniture” connectivity solutions for commercial buildings. The Company is renowned for its outstanding product quality based on worldwide sales approbations and deep value-add in-house production in Germany and Malaysia. The Company is headquartered in Dörentrup, Germany, and employs nearly 200 staff.
About Legrand
Legrand is the global specialist in electrical and digital infrastructures, offering high-value-added products and solutions that improve lives by transforming the spaces where people live, work and meet. Present in nearly 90 countries with a total workforce of over 38,200 employees, Legrand generated nearly €7 billion in sales in 2021. Legrand is headquartered in Limoges, France, and is publicly listed on the Euronext Paris and member of the CAC 40.
