◂ Announcements

Oct 31, 2017ACQUISITIONIndia

Schneider Electric finalizes acquisition of ASCO Power Technologies

Schneider Electric announced it has finalized the acquisition of ASCO Power Technologies, a leader in Automatic Transfer Switches, enhancing its EcoStruxure Power Platform.

Value

$2.31B

Status

Completed

ProductsAutomatic Transfer Switches

CompaniesLarsen & Toubro target Schneider Electric acquirer Temasek Holdings acquirer Temasek Holdings investor ASCO Power Technologies target

Sectors#Electrical Equipment

“Following the press release of July 27, 2017, Schneider Electric announces today that it has finalized the acquisition of Asco Power Technologies.”marketscreener.com

3 sources
marketscreener.comSchneider Electric : finalizes its acquisition of ASCO Power Technologies | MarketScreenerPublicnowOct 31, 2017
livemint.comSchneider emerges as top bidder for L&T's electrical unitKavya Kothiyal, Sneh SusmitOct 31, 2017
uberant.comSchneider-Temasek leads race to buy L&T?s electrical Biz for Rs 17,000 croreNov 8, 2017

Summarized from public sources; check the original articles before acting on it.

More from Larsen & Toubro

profile ▸

Loading…