LLegrandExecutive Cockpit

M&A Integration 360

The integration cockpit — turning program status into an executable rollout plan across SAP S/4 + PLM, brand & customer master, order / CPQ integration, org & legal carve-in and supply-chain consolidation, workstream by workstream, blocker by blocker, euro by euro.

Legrand SA · FY2025 (31 Dec 2025, audited)
The global specialist in electrical & digital building infrastructures
39,600 employees · 50+ manufacturing & logistics sites · 90 countries
Executive read· the answer, then the moves

Integration is the value and the risk: €38 M of synergies is still unbanked across 2 in-flight brands at 72% average integration, with 8 open blockers gating the rollout. Clear the critical path and bank the run-rate before the next bolt-on round.

4 of 4 headline metrics improving vs prior · still off target: M&A Integration / Synergy Realization 78.0% vs 100.0%, Operating Expenses % of Revenue 30.0% vs 28.0%, Adjusted Operating Profit €2.0 bn vs €2.1 bn

Do now — ranked by urgency
  1. 1
    Clear the 8 open blockers on the critical pathAct now
    Why it matters

    Open blockers hold the rollout — and €38 M of unbanked synergies — hostage across the 2 in-flight brands.

    What's driving it
    • 8 blockers not yet resolved
    • 72% avg integration across in-flight
    • €1.7 bn of revenue still integrating
    FYI
    • Blended cost-to-integrate ROI 1.4x
    • Work the Blocker/High rows first
  2. 2
    Put a 90-day recovery plan on ERP / digital (Gaia & Elia AI)Watch
    Why it matters

    ERP / digital (Gaia & Elia AI) is leaking run-rate: €18 M actual vs €25 M plan (€-7 M variance) — it compounds into the forecast quarters.

    What's driving it
    • ERP / digital (Gaia & Elia AI) variance €-7 M
    • Program total €229 M vs €250 M planned (€-21 M)
    FYI

    Owner: IT · Chief Information & Digital Officer

  3. 3
    ERP / digital (Gaia & Elia AI) — PlannedWatch
    Why it matters

    Unbanked synergies & margin until captured.

    What's driving it
    • €25 M run-rate targeted
    • Signal: Synergy program
    FYI
    • SAP S/4 + agentic AI tools (Gaia product data, Elia sales assistant on 200,000 references).
    • Owner: CFO
  4. 4
    High: SAP S/4 / ERP — Avtron · Kratos · ZPE (Datacenter M&A)Watch
    Why it matters

    Gates the M&A integration go-live (SAP S/4 / ERP, datacenter CPQ & plant onboarding).

    What's driving it
    • due 2026-09-30 · Open
    • Signal: Transformation blocker
    FYI
    • Avtron / Kratos / ZPE still on legacy ERPs; datacenter orders book region-only until the S/4 cutover completes.
    • Owner: Chief Information & Digital Officer
🔌 Connected products & energy transitionStep 5 of 6 · M&A integration & capacity rampSoftware & Services 360Value Creation & Re-ratingAll journeys
🌐 Enterprise 360 modules· on M&A Integration 360Browse all 31 views ▾
● LiveBuilt forChief Information & Digital Officer· what to roll out nextCFO· unbanked synergiesBoard & Investors· integration is the value & the risk

Disciplined bolt-on integration is one of Legrand's signature levers — it is where deal margin and synergies are created and where they leak. This view turns "status" into an executable plan: the 2 in-flight brands, their six workstreams (SAP S/4 + ERP, brand & customer master, order / quote / CPQ integration, plant / PLM / Industry-4.0, org & legal carve-in, supply chain & procurement), the blockers in the way, and the ~€38 M of synergies still unbanked waiting on the rollout.

Data backing: integration_workstream (6 workstreams × in-flight brand, % · owner · target) · integration_blocker (severity · owner · due) · integration_econ (budget · spend · synergy) · synergy_track (program plan vs actual run-rate) · brand_cohort (integration %, status)
Brands in-flight
2
mid-integration
Unbanked synergies
€38 M
target − realized
Avg integration
72%
across in-flight
Open blockers
8
not yet resolved
Cost-to-integrate ROI
1.4x
synergy ÷ spend
Revenue integrating
€1.7 bn
2 brands
Per-brand integration scorecard

Where each in-flight brand stands — and the next move

Do this: work the blocker named in each card first; if none, push the lowest-% workstream to its target date.

Netatmo · Eliot (Connected)
acquired 2018 · €1.0 bn revenue · synergy 74%
In progress
Overall integration84%
SAP S/4 / ERP84%· Done
Brand & Customer Master (MDM)78%· Sep 2026
Order / Quote / CPQ Integration80%· Aug 2026
Plant / PLM / Industry-4.082%· Aug 2026
Org & Legal Carve-in95%· Done
Supply Chain & Procurement76%· Sep 2026
~180 duplicate connected-customer & installer records vs the golden master need steward review before billing migration. · MDM steward · due 2026-09-15
Connected-data / GDPR data-processing agreements pending refresh in two markets. · M&A Integration PMO · due 2026-08-31
Next move: Clear the medium on Brand & Customer Master (MDM): ~180 duplicate connected-customer & installer records vs the golden master need steward review before billing migration. (MDM steward, due 2026-09-15).
Avtron · Kratos · ZPE (Datacenter M&A)
acquired 2024 · €700 M revenue · synergy 55%
In progress
Overall integration60%
SAP S/4 / ERP60%· Sep 2026
Brand & Customer Master (MDM)55%· Oct 2026
Order / Quote / CPQ Integration62%· Sep 2026
Plant / PLM / Industry-4.058%· Nov 2026
Org & Legal Carve-in70%· Aug 2026
Supply Chain & Procurement64%· Oct 2026
Avtron / Kratos / ZPE still on legacy ERPs; datacenter orders book region-only until the S/4 cutover completes. · Chief Information & Digital Officer · due 2026-09-30
Datacenter project quoting not yet on the common CPQ; manual handoff delays revenue recognition on hyperscaler orders. · RevOps · Commercial · due 2026-10-15
Cleveland load-bank line telemetry not yet on the common OEE dashboard; capacity visibility gap for datacenter test. · Manufacturing · Operations · due 2026-11-10
Next move: Clear the high on SAP S/4 / ERP: Avtron / Kratos / ZPE still on legacy ERPs; datacenter orders book region-only until the S/4 cutover completes. (Chief Information & Digital Officer, due 2026-09-30).
Workstream heatmap

Six workstreams × in-flight brands

Read across each row for the brand's weak spot; read down each column for the workstream that's stuck enterprise-wide. Tint = status; number = % complete.

BrandSAP S/4 / ERPBrand & Customer Master (MDM)Order / Quote / CPQ IntegrationPlant / PLM / Industry-4.0Org & Legal Carve-inSupply Chain & Procurement
Connected84%78%80%82%95%76%
Datacenter M&A60%55%62%58%70%64%
DoneOn trackAt riskBehind
Blocker & risk log

Everything in the way of a rollout, worst-first

Do this: assign each open blocker a named owner and a date; the Blocker/High rows are the ones holding savings hostage.

SeverityBrandWorkstreamDescriptionOwnerDueStatus
HighDatacenter M&ASAP S/4 / ERPAvtron / Kratos / ZPE still on legacy ERPs; datacenter orders book region-only until the S/4 cutover completes.Chief Information & Digital Officer2026-09-30Open
HighDatacenter M&AOrder / Quote / CPQ IntegrationDatacenter project quoting not yet on the common CPQ; manual handoff delays revenue recognition on hyperscaler orders.RevOps · Commercial2026-10-15Open
MediumConnectedBrand & Customer Master (MDM)~180 duplicate connected-customer & installer records vs the golden master need steward review before billing migration.MDM steward2026-09-15Open
MediumHealthcare SoftwarePlant / PLM / Industry-4.0Healthcare-software release pipeline not yet on the group DevSecOps toolchain; compliance evidence gap.Manufacturing · Operations2026-11-15Open
MediumEnergy TransitionSupply Chain & ProcurementIberia distribution-board procurement not yet consolidated into group copper & steel contracts; synergy delay.Operations · Procurement2026-10-30Open
MediumDatacenter M&APlant / PLM / Industry-4.0Cleveland load-bank line telemetry not yet on the common OEE dashboard; capacity visibility gap for datacenter test.Manufacturing · Operations2026-11-10Open
LowConnectedOrg & Legal Carve-inConnected-data / GDPR data-processing agreements pending refresh in two markets.M&A Integration PMO2026-08-31Mitigating
LowEnergy TransitionSAP S/4 / ERPQuitérios (Portugal) ledger cutover pending until close formalities complete.Chief Information & Digital Officer2026-09-30Open
Synergy realization vs plan

€229 M realized vs €250 M planned · €-21 M variance

Do this: the negative-variance programs are leaking run-rate — put a 90-day recovery plan on each before they compound into the forecast quarters.

ProgramOwnerPlan €MActual €MVariance% captured
M&A integration (FY2025 bolt-ons)M&A Integration PMO€60 M€54 M€-6 M
90%
Datacenter capacity & coolingSVP, Datacenter & Power Infrastructure€90 M€86 M€-4 M
96%
Eliot / connected platformEVP, Products & Technology€45 M€42 M€-3 M
93%
Energy efficiency & electrificationEVP, Operations€30 M€29 M€-1 M
97%
ERP / digital (Gaia & Elia AI)IT · Chief Information & Digital Officer€25 M€18 M€-7 M
72%
Integration economics

Is it paying back? Blended 1.4x on cost-to-integrate

Do this: protect the ≥1.3x brands as the playbook; for sub-1x brands, freeze discretionary integration spend until synergy capture catches up.

BrandAcquiredBudgetSpentSynergy targetSynergy realizedROIStatus
Datacenter M&A2025€28 M€12 M€40 M€14 M1.2xIn progress
Connected2018€24 M€18 M€34 M€22 M1.2xIn progress
Datacenter2015€34 M€30 M€48 M€40 M1.3xIntegrated
Power & Busway2010€22 M€20 M€32 M€28 M1.4xIntegrated
Cable Management2000€20 M€18 M€30 M€27 M1.5xIntegrated
Building Systems1989€26 M€24 M€36 M€33 M1.4xIntegrated
Wiring Devices & Controls1865€30 M€28 M€50 M€46 M1.6xIntegrated