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France’s Legrand announced today it has signed an agreement to acquire Milestone AV Technologies in a deal valued at $950 million. The deal is another example of continued industry consolidation, although in this case, it was largely a play by Legrand for Milestone’s predominantly commercial business rather than the residential portfolio.

See more on this deal which is twice as big as any previous Legrand acquisition… [Read more…] about Legrand Acquires Milestone in Largely a Commercial Play