# Schneider Electric completes acquisition of Elektroshchit Group in Russia

Schneider Electric announced the completion of its acquisition of 100% of ZAO Gruppa Kompaniy Elektroshchit – TM Samara, a Russian electrical equipment manufacturer. The deal was closed on March 28, 2013, after receiving regulatory approval.

- Type: Acquisition
- Announced: 2017-06-05
- Where: Samara, Russia, Russia
- Status: completed
- Products: electrical equipment, switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [ZAO Gruppa Kompaniy Elektroshchit – TM Samara](https://endata.com/companies/24709.md) (target)

## Sources

- [ccifr.ru](https://www.ccifr.ru/news/schneider-electric-planirujet-uvelichit-investicii-v-razvitije-nedavno-priobretennogo-zao-gk-elektro), 2017-06-05: "«Приобретение ЗАО «Группа Компаний «Электрощит» — ТМ Самара» позволит нам предложить новые решения и продукты для промышленных потребителей в нефтегазовой и горнодобывающей отраслях, коммунальном хозяйстве.»"

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