# Schneider Electric and MacRitchie Investments propose acquisition of L&T's electrical and automation business

Schneider Electric India Private Limited and MacRitchie Investments Pvt. Ltd have proposed to acquire the electrical and automation business of Larsen & Toubro Limited, excluding the Marine and Servowatch businesses. The Competition Commission of India has invited public comments on the proposed acquisition.

- Type: Acquisition
- Announced: 2018-07-16
- Where: India
- Status: announced
- Products: electrical and automation products
- 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 India Private Limited](https://endata.com/companies/35632.md) (acquirer)
- [MacRitchie Investments Pvt. Ltd](https://endata.com/companies/35633.md) (acquirer)

## Sources

- [theopenview.in](https://theopenview.in/2018/11/22/cci-invites-comments-from-public-in-respect-of-the-proposed-acquisition-of-the-electrical-and-automation-business-of-larsen-toubro-limited-by-schneider-electric-india-private-limited-and-macritchie/), 2018-11-22: "the proposed acquisition is likely to have an appreciable adverse effect on competition"

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