M&A Deal Summary

Schneider Electric Acquires Renewable Choice Energy

On January 18, 2017, Schneider Electric acquired renewable energy company Renewable Choice Energy

Acquisition Highlights
  • This is Schneider Electric’s 1st transaction in the Renewable Energy sector.
  • This is Schneider Electric’s 16th transaction in the United States.
  • This is Schneider Electric’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-01-18
Target Renewable Choice Energy
Sector Renewable Energy
Buyer(s) Schneider Electric
Deal Type Add-on Acquisition

Target

Renewable Choice Energy

Boulder, Colorado, United States
Renewable Choice Energy, Inc. is a provider of customized clean energy products and services to the commercial, industrial and institutional (C&I) sector.

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Buyer(S) 1

Buyer

Schneider Electric

Rueil Malmaison, France
Category Company
Founded 1836
Sector Electrical Equipment
Employees164,640
Revenue 35.9B EUR (2023)
DESCRIPTION

Schneider Electric is a provider of electricity distribution, automation management and produces installation components for energy management. Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. Schneider Electric was founded in 1836 and is based in Rueil-Malmaison, France.

DEAL STATS #
Overall 32 of 41
Sector (Renewable Energy) 1 of 2
Type (Add-on Acquisition) 31 of 37
State (Colorado) 1 of 2
Country (United States) 16 of 21
Year (2017) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 MaxEAM

Burlington, Ontario, Canada

MaxEAM, Inc. is a provider of full range of technical software implementation and integration services for Avantis.PRO and CustomerIP.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 MWPowerlab s.r.l.

Milano, Italy

MWPowerlab s.r.l. is a software company with industry 3D real-time virtual and augmented reality technology solutions. MWPowerlab s.r.l. was established in 2010 and is headquartered in Milano, Italy.

Buy -
Mergr

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