# Delixi Electric acquires two Chinese manufacturers

Delixi Electric Ltd., 50% owned by Schneider Electric, has acquired Zhejiang Delixi International Electric Industry Co., Ltd., a wiring device manufacturer, and Delixi Instrument & Meter Co., Ltd., a provider of tariff, power and gas meters. The acquisitions expand Delixi Electric's product offering in China.

- Type: Acquisition
- Announced: 2019-01-04
- Where: China
- Status: completed
- Products: wiring devices, tariff meters, power meters, gas meters
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (investor)
- [Delixi Electric](https://endata.com/companies/36493.md) (acquirer)
- [Zhejiang Delixi International Electric Industry Co., Ltd.](https://endata.com/companies/36494.md) (target)
- [Delixi Instrument & Meter Co., Ltd.](https://endata.com/companies/36495.md) (target)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/SCHNEIDER-ELECTRIC-SE-4699/news/Schneider-Electric-Delixi-Electric-further-expands-its-activities-in-China-27821565/), 2019-01-04: "The acquired businesses will expand Delixi Electric's product offering and offer opportunities for cost and revenue synergies."

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