LEGRAND ACQUIRES NUVO TECHNOLOGIES
Legrand, North America today announced that it has acquired NuVo Technologies, LLC (NuVo), a company based in Hebron, Kentucky and a recognized leader in whole home audio solutions. NuVo will continue to operate as an independent business within Legrand's Home Systems division and focus on home audio markets under the NuVo brand name.
The acquisition is consistent with Legrand's proactive strategy and business objective to acquire market leading companies that complement its product line portfolio. The addition of NuVo's high quality multi-room audio systems strengthens Legrand's significant audio offering across all of its professional channels.
"The acquisition of NuVo is of strategic importance as it provides us with a leading position in the whole home audio market. We are now able to overtake other industry players and rapidly bring affordable, easy-to-integrate audio solutions to market," said John Selldorff, president and CEO of Legrand North America. "These include systems that are intuitive, plug 'n play and user friendly. NuVo also strengthens our product lineup with its wireless audio distribution technology. This means we can provide consumers with better integrated home audio systems and wider choices of both wired and wireless products. NuVo Technologies places Legrand's home systems offering in a different league. We now bring together the best in all core subsystems."
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