# Schneider Electric completes acquisition of ASCO Power Technologies

Schneider Electric finalized the acquisition of ASCO Power Technologies, a leader in Automatic Transfer Switches, for $1.25 billion in cash. The deal was announced on July 27, 2017.

- Type: Acquisition
- Announced: 2017-11-02
- Where: United States
- Value: $1.25B
- Status: completed
- Products: Automatic Transfer Switches
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [ASCO Power Technologies](https://endata.com/companies/25897.md) (target)

## Sources

- [fusacq.com](https://www.fusacq.com/buzz/schneider-electric-conclut-le-rachat-d-asco-power-technologies-a146558_fr_), 2017-11-02: "Schneider Electric a rapporté ce mardi après marché avoir finalisé l'acquisition d'ASCO Power Technologies, un leader sur le marché des Commutateurs de Transfert Automatique (CTA)."

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