# 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.

- Type: Acquisition
- Announced: 2018-09-07
- Where: India
- Status: announced
- Products: electrical equipment, industrial automation systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Larsen & Toubro](https://endata.com/companies/263.md) (target)
- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)

## Sources

- [abnewswire.com](https://www.abnewswire.com/pressreleases/schneiders-deal-to-acquire-lts-electrical-automation-biz-to-boost-manufacturing-suresh-prabhu_262537.html), 2018-09-08: "Schneider Electric has entered into an agreement to acquire Larsen & Toubro Electrical and Industry Automation division."

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