M&A Deal Summary

Schneider Electric Acquires Schneider Electric Sensor Competency Center

On May 1, 2003, Schneider Electric acquired electronics company Schneider Electric Sensor Competency Center

Acquisition Highlights
  • This is Schneider Electric’s 1st transaction in the Electronics sector.
  • This is Schneider Electric’s 2nd transaction in the United States.
  • This is Schneider Electric’s 1st transaction in Ohio.

M&A Deal Summary

Date 2003-05-01
Target Schneider Electric Sensor Competency Center
Sector Electronics
Buyer(s) Schneider Electric
Deal Type Add-on Acquisition

Target

Schneider Electric Sensor Competency Center

Dayton, Ohio, United States
Schneider Electric Sensor Competency Center is a manufacturer of sensors.

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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 2 of 41
Sector (Electronics) 1 of 5
Type (Add-on Acquisition) 2 of 37
State (Ohio) 1 of 1
Country (United States) 2 of 21
Year (2003) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 Teem Photonics

Meylan, France

Teem Photonics is a provider of products for industrial and biophotonics applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-12 TAC AB

Malmo, Sweden

TAC develops, manufactures and markets HVAC control systems and access & security systems for commercial properties across the world.

Buy -