# EU approves joint acquisition of inno2grid by Deutsche Bahn and Schneider Electric

The European Commission approved the acquisition of joint control over inno2grid by DB Energie (Deutsche Bahn) and Schneider Electric Germany.

- Type: Acquisition
- Announced: 2017-01-26
- Where: Germany
- Status: announced
- Products: decentralised intelligent energy infrastructures, mobility solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [Deutsche Bahn](https://endata.com/companies/9395.md) (acquirer)
- [inno2grid](https://endata.com/companies/21734.md) (target)

## Sources

- [railwaypro.com](https://www.railwaypro.com/wp/eu-approves-inno2grid-acquisition-by-deutsche-bahn-and-schneider-electric/), 2017-01-26: "The European Commission said it has approved under the EU Merger Regulation the acquisition of joint control over inno2grid of Germany by DB Energie, a subsidiary of Deutsche Bahn and by Schneider Electric of Germany."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.