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Schneider Electric to acquire L&T's electrical and automation division · Endata

◂ Announcements

Electrical Equipmentworld trade 2024+7.2% 5Y CAGR

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Sep 7, 2018ACQUISITIONIndia

Schneider Electric to acquire L&T's electrical and automation division

Schneider Electric has entered into an agreement to acquire Larsen & Toubro's Electrical and Industry Automation division, which will make India the third largest country of operation for Schneider Electric.

Status

Announced

Productselectrical equipmentindustrial automation systems

CompaniesLarsen & Toubro target Schneider Electric acquirer

Sectors#Electrical Equipment #Automation and Robotics

“Schneider Electric has entered into an agreement to acquire Larsen & Toubro Electrical and Industry Automation division.”abnewswire.com

1 source
abnewswire.comSchneider\’s deal to acquire L&T\’s electrical, automation biz to boost manufacturing: Suresh Prabhu | ABNewswireSep 8, 2018

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

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