Schneider Electric to Reinforce Automation Solutions with Purchase of Invensys
The board of Schneider Electric S.A. announced today that it 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 plc.
Key highlights
A response to Schneider Electric clients’ continual search for higher efficiency:
– Schneider Electric is the global specialist of solutions integrating power and automation technologies to help customers manage energy and drive efficiency.
– Operational efficiency is further driven by software, as Information Technologies (“IT”) and Operational Technologies (“OT”) converge.
A strategic deal to further boost our positions in integrated industrial automation and electro-intensive segments:
– Acquiring a global automation player with large installed base, strong brands and a strong software presence
– Reinforces our coverage of and access to key electro-intensive segments with integrated and complete solutions
– Brings Schneider Electric strong brands and presence in software for customer operational efficiency
– Strengthens our Industry business: more global, more solutions, more resilient
