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.
Qmotion
NuTech Group Sheds Light on a New Business Opportunity for Mid-Atlantic Dealers
Montgomeryville, PA-based NuTech Group, a leading independent sales representative company has partnered with Qmotion, a manufacturer of automated window shades, to offer their line to Mid-Atlantic region dealers. The partnership takes effect immediately.
