Lacroix: sale of its signaling segment – 03/18/2024 at 08:16

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(AOF) – Lacroix announces the sale of its signaling segment to the industrial investment company AIAC as a continuation of the exclusive negotiations revealed on December 14 between the two companies. This operation should be effective in the second quarter of 2024, subject to validation by the competent authorities. The specialist in connected equipment and technologies aims to become a global leader in industrial IoT solutions and electronic equipment for critical applications by 2025.

The signaling segment involves 315 employees across the Saint-Herblain industrial site (260 people), three distribution subsidiaries (Reunion, Mayotte and New Caledonia), and an establishment in Spain, with a total turnover of 59 million euros in 2023, or 7.8% of the Lacroix group’s turnover.

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Sector sheet – Electronics

Large TVs booming

If specialists expected less appetite for large televisions after the health crisis, this is clearly not the case. The IFA highlighted the development of this equipment, with screens that can reach up to 120 inches. This market segment should see its activity driven by next summer’s Olympic Games. Leader for seventeen years in the television market, Samsung offers the most complete technological range. Large televisions are rather standard products for the Korean giant. As for the Chinese TCL, which took second place in the world market from LG, it is banking on the accessibility of its products, with prices significantly lower than those charged by Samsung. The group achieved growth of nearly 68% between the first half of 2021 and 2022 in the segment over 65 inches. Over one year, the average size of screens marketed by TCL increased from 46.3 to 49.9 inches. Another Chinese player, Hisense, is also seeking to gain market share in this niche.

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