Finnish-based, globally operating electrical solution provider Ensto has made a strategic decision to focus on its electricity distribution business, aiming to become a leading expert for Distribution System Operators (DSOs). Along with this decision, Ensto Building Systems business will be acquired by Legrand, the global specialist in electrical and digital building infrastructures. To enable future growth and business development, the owners, Ensto’s Board, and management have made a strategic decision for Ensto Group to focus on electricity distribution (DSO) business and sell its Ensto Building Systems (EBS) business to Legrand, the global specialist in electrical and digital building infrastructures. Ensto Building Systems provides electrification and lighting solutions for buildings, industries, traffic and marine. “The transaction supports the next phase in Ensto’s growth strategy and enables us to fully focus on becoming the leading expert for distribution system operators for selected segments on global markets. By solely focusing on the DSO business, we are able to better serve our DSO customers with our expertise and solutions with sustainability and smart technologies at its core. The transaction takes this focus and attention to the next level”, says Hannu Keinänen, President and CEO of Ensto Group. The transaction will benefit the customers, partners, and personnel of Ensto’s both businesses. Legrand, the global strong player in building electrification and digitalization, enables significant growth for EBS and its customers in all its product areas, especially in the Nordics. While the Ensto DSO business will have a full focus to be developed further by the owners, Ensto’s Board, and management with a goal to become the leading expert for DSOs. After the transaction Ensto with its DSO business will operate in 17 countries, employ approximately 815 people, and have an estimated turnover of 140 M€ in 2021. Ensto Invest Oy continues to be the owner of Ensto Oy and the Family Office of the Miettinen family. The contract between Ensto and Legrand has been signed on July 16, 2021. The completion of the transaction remains subject to customary conditions precedent. As a part of the transaction, Ensto and Legrand have made a license agreement for the use of the Ensto brand in connection with EBS scope of business. The parties have agreed not to disclose the transaction price. Hannu KeinänenPresident and CEO, Ensto Group Ensto to focus on electricity distribution (DSO) business – Legrand acquires Ensto Building Systems - Ensto