Legrand Announces Its Intention to Disengage from Russia
January 30, 2023 In view of recent developments, including rising operational complexity and uncertainty, Legrand has decided to divest its Russian operations and is currently reviewing options for transferring their control in a timely and orderly manner. Legrand’s activities in Russia accounted for approximately 1.5% of full-year sales in 2022. As of December31, 2022, the…