Sunday, January 22, 2017

The death of the co-founder of Legrand – Le Figaro

Edouard Decoster, who was one of the co-founders of Legrand, a global manufacturer of electrical supplies, died Friday evening at the age of 97 years at the clinic Chénieux of Limoges, has it learned Sunday from a business.

“the Death of Edouard Decoster, captain of industry respected, very close to his teams and attached to their region: a lot of emotion,” wrote in a tweet that the current CEO of Legrand Gilles Schnepp.

Edouard Decoster died of a lung infection, according to France 3 Limousin, and daily The Popular the Centre.

“He had resumed Legrand with his brother-in-law (Jean Verspieren) in 1944, it is him that has given this first approach to the electrical switchgear and dropped the porcelain table,” said to the AFP Delphine Camilleri, director of communications. “The death of his brother-in-law in 1983, it takes only the direction of Legrand until 1988. François Grappotte then takes over the reins of the company. Edouard Decoster remained honorary chairman of Legrand until his death”, she added.

In 2001, the families Decoster and Verspieren are disengaged from the capital of the group.

The two men have helped make this family business to the rank of world leader in the field of electrical equipment. Today, it stands out especially for its innovations around home automation and connected objects.

Company listed on the Cac-40, the only one in the Region Nova-Aquitaine, Legrand employs 36,000 people in more than 90 countries. Its historic headquarters is still in the city porcelain. In 2015, its sales of 4.8 billion euros and adjusted operating profit of € 930 million.

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