# VINCI Energies acquires Converse Energy Projects GmbH

VINCI Energies is acquiring Converse Energy Projects GmbH, a Schneider Electric subsidiary specializing in turnkey industrial power distribution systems in Germany. Converse has 300 employees and annual revenue of about €140 million.

- Type: Acquisition
- Announced: 2019-11-05
- Where: Germany, Germany
- Jobs: 300
- Status: announced
- Products: industrial power distribution systems, low and medium voltage solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (investor)
- [Schneider Electric](https://endata.com/companies/2048.md) (partner)
- [VINCI Energies](https://endata.com/companies/16515.md) (acquirer)
- [Converse Energy Projects GmbH](https://endata.com/companies/43123.md) (target)

## Sources

- [vinci-energies.com](https://www.vinci-energies.com/en/press-release/vinci-energies-is-acquiring-converse-energy-projects-gmbh/), 2019-11-05: "We are very happy that Converse is joining our Actemium experts. Its integration will enable us to offer customers an even broader, even more effective range of services."
- [vinci.com](https://www.vinci.com/en/newsroom/press-releases/vinci-energies-acquiring-converse-energy-projects-gmbh), 2019-12-05: "VINCI Energies is acquiring the Converse Energy Projects GmbH (Converse) German company, a Schneider Electric GmbH subsidiary specialising in turnkey industrial power distribution projects in Germany."

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