COGELEC (EPA:COGEC) - COGELEC signs a technological and commercial partnership with Legrand.

Transparency directive : regulatory news

30/09/2019 08:00

PRESS RELEASE

COGELEC signs a technological and commercial partnership with Legrand

Mortagne-sur-Sèvre, France, 30 September 2019, COGELEC (ISIN: FR0013335742/
ticker: COGEC), the French leader in access control systems for building
complexes, has today announced the signature of a technological and commercial
partnership agreement with Legrand.

COGELEC has signed a partnership agreement with Legrand in order to incorporate
products in the Hexact range in its BTicino brand, dedicated to access control
and intercom systems, with in particular the Vigik(r) access control solution.

COGELEC and Legrand have jointly carried out the technological developments
necessary to incorporate Hexact products in Legrand's BTicino range and
proposed a communication interface, enabling the real-time management of
resident badges, access and names via the Hexact(r) Web platform.

This new offering is marketed by the Legrand sales forces across France among
distribution customers, installers as well as business providers in the
building complex sector.

COGELEC already has a share of more than 40% of the Vigik(r) access control
market. This new offering will further strengthen its positions in the French
market.

Roger Leclerc, Chairman of COGELEC has commented: "We are delighted about this
partnership with Legrand which opens up new prospects for us with regard to the
Hexact brand and which confirms the technological quality of our offering. This
agreement will enable us to further extend our footprint in France, thanks to a
solution already endorsed in the access control systems for building complexes
sector."

Contacts

Cogelec
Véronique Pochet
Chief Financial Officer
+33 (0)2 72 67 00 91
investors@cogelec.fr

Actifin, Financial Press Relations
Jennifer Jullia
+33 (0)1 56 88 11 19
jjullia@actifin.fr

Actifin, Financial Communication
Ghislaine Gasparetto
+33 (0)1 56 88 11 22
ggasparetto@actifin.fr

About COGELEC

COGELEC is the French leader in access control systems for building complexes.
As early as 2007, COGELEC created the first universal wireless intercom
solution under the Intratone brand.
COGELEC has already outfitted 1 million homes, out of a potential total of 15.4
million homes in France. COGELEC is an international group also offering its
solutions in Germany, the United Kingdom, the Netherlands and Belgium.
Based on an indirect distribution model, combined with very close-knit
relations with end clients (social landlords and building complex management
associations), COGELEC posted revenue of nearly EUR34m in 2018. COGELEC has set
a target of generating EUR90m in revenue by 2021.
COGELEC is listed on Euronext, compartment C and is listed on the CAC SMALL,
CAC MID & SMALL and CAC ALL TRADABLE indices.
For more information: www.cogelec.fr

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