Inside Legrand's Acquisition of NuVo
CR: Is there a great deal of overlap in terms of the numbers and kinds of dealers that Legrand and NuVo serve? How many dealers and what types of dealers will Legrand gain access to with the acquisition - and how many and what types of dealers will NuVo gain access to? Will your current dealer support structure remain intact?
Rodarte: Both Legrand and NuVo offer strong dealer and customer bases. NuVo Technologies contributes direct relationships with more than 1,000 Electronics Systems integrators. Likewise Legrand has an expansive network of dealers and distributors that cover the security and electrical markets with some overlap into the markets served by Electronics System Integrators.
CR: The announcement states the NuVo leadership team will remain in place. Will NuVo remain headquartered in Hebron, Kentucky? If not, are other employees beyond the NuVo leadership team being asked to transition to other locations?