Jul 04, 2022
Schneider Electric, considering the sale of their business
Schneider Electric is considering the sale of a number of assets, including its industrial automation and controls unit, that could be worth about $1 billion, including an evaluation of the sale of the Telemecanique business. Schneider Electric is considering the sale of several assets, including its industrial automation and controls division, including evaluating the sale of the Telemecanique business. Telemecanique's origins date back to 1924, producing products such as sensors, switches and signalling equipment for the industrial, infrastructure and building sectors, and it was acquired by Schneider in 1988. In addition, Schneider is divesting a business that makes uninterruptible power supplies for harsh industrial environments such as oil, gas and nuclear power, and is also studying a potential sale of its Eurotherm unit, which provides products for temperature and power control, Products for measurement and data logging. Eurotherm is a leading global supplier of temperature, power, process control, measurement and data management equipment, systems, software and services to the global industrial market. Headquartered in Worthing, UK, with its core production facility in Lenzi, Poland, the company employs approximately 650 people worldwide. Watlow, a designer and manufacturer of complete industrial thermal systems, is pleased to announce that it has entered into an agreement to acquire Eurotherm from Schneider Electric. Terms of the deal have not been disclosed. Recently, the capital disposal trends of Schneider Electric also include new acquisitions. For example, EV Connect, Inc., a provider of electric vehicle (EV) charging solutions, announced that it has been acquired by Schneider Electric, a leader in energy management and automation. With a solid foundation in sustainability and electric vehicles, Schneider Electric's acquisition of EV Connect will accelerate the company's growth. We are Amikon Limited, PLC&DCS supplier. we work on the automation spare modules for nearly 16 years. Click any of it can get quotation Email: Tel/whatsapp: Skype: sales7@amikon.cn +86-18020714492 sales7@amikon.cn Hot sales in stock: Schneider 140CRP93100 140ACI03000C Schneider 140CRP93200C 140ACI04000 Schneider 140DAI74000 140ACI04000C Schneider 140DDI35300 140ACO02000 Schneider 140DDM39000 140ACO13000 Schneider 140DDO35300 140ARI03010 Schneider 140DDO84300C 140ATI03000 Schneider 140DDO84300C 140CHS11000 Schneider 140DSI35300 140CPS11100 Schneider 140NOE77100 140CPS11410 Schneider 140NOM21200 140CPS12420C Schneider 140XCP50000 140CPU43412 Schneider 140XCP51000 140CPU43412A Schneider 140XTS00200 140CPU53414A Schneider 416NHM30030A 140CPU67060 Schneider 490NRP95400 140DDO84300C Schneider 990XCP98000 140DSI35300 Schneider MPCYT90NAN00N 140NOE77100 Schneider TSXP47455 140NOM21200