Schneider Electric seeks to acquire Invensys

The board of Schneider Electric has reached an agreement on the terms of a recommended offer by Schneider Electric to acquire the entire issued and to be issued share capital of Invensys, in a deal that the company says will boost its position in integrated industrial automation and electro-intensive market segments. According to Schneider, the acquisition will bring the company strong brands and presence in software for customer operational efficiency. Acquiring a global automation player with a large in
August 5, 2013 Read time: 1 min
The board of 729 Schneider Electric has reached an agreement on the terms of a recommended offer by Schneider Electric to acquire the entire issued and to be issued share capital of Invensys, in a deal that the company says will boost its position in integrated industrial automation and  electro-intensive market segments.

According to Schneider, the acquisition will bring the company strong brands and presence in software for customer operational efficiency.  Acquiring a global automation player with a large installed base will strengthen its global business and boost its position in the integrated industrial automation and electro-intensive market segments.

Related Content

  • Vitronic Group sold to Itis Holding
    May 23, 2024
    Itis, owned by investment firm PPF Group, will put in €50m upon "formal completion"
    Read More
  • Eberle Design acquires Reno A&E, enhances product offering
    January 9, 2013
    US-based designer and manufacturer of electronic components for traffic control systems, Eberle Design (EDI), has acquired Reno A&E (Reno) headquartered in Reno, Nevada. Reno specialises in the production of inductive loop vehicle detectors for the access and parking control, rail and traffic industries, as well as solid state load switches, power supplies, flashers and conflict monitors for the traffic industry. EDI says this highly complementary add-on enhances its product offering, provides greater indus
    Read More
  • Swarco acquires Dynniq Mobility
    September 30, 2021
    Swarco's Michael Schuch hails 'complementary footprint in terms of product portfolio'
    Read More
  • Sydney’s RMS opts for Schneider Electric back office toll technology
    February 22, 2013
    Schneider Electric is to use its expertise and experience in developing and implementing free-flow toll system management solutions and electronic toll payment solutions in the design, supply and installation of the tolling system back office for Australia’s New South Wales Government's Roads and Maritime Services (RMS). RMS is a delivery arm of Transport for NSW and is responsible for building and maintaining roads, conducting driving tests, issuing licences and registrations and overseeing harbours and wa
    Read More

Highlighted Content