Leviton’s Network Solutions business has grown exponentially in the past eight years, bolstered by over half a billion dollars in investments. These investments included acquisitions of Brand-Rex, CompuLink-USA, Berk-Tek, and PRISM DCS, as well as new factories.
As demand increases for energy-efficient solutions across commercial, industrial, and residential sectors, Leviton has also invested almost $400 million in its Electrical business. This funding enabled the acquisitions of Intense, Contech, Birchwood, Viscor, and JCC lighting brands.
“The global push toward electrification, coupled with the rapid expansion of data centers, are driving unprecedented growth. These trends are reshaping industries and economies at a pace never seen before, underscoring the critical need for sustainable and efficient energy solutions,” said Daryoush Larizadeh, Leviton president and CEO. “Leadership under Bob and Ross will undoubtedly drive our organization toward even greater success, capitalizing on key growth areas within Electrical and Network Solutions. Their expertise will further position us for the future as we deliver stronger performance, enhance accountability, and drive innovation in today’s increasingly nuanced and complex markets.”