# Schneider Electric acquires 83.93% stake in IGE+XAO

Schneider Electric SE, through its subsidiary Schneider Electric Industries SAS, has acquired 83.93% of the capital of IGE+XAO SA following a simplified public tender offer. A merger of IGE+XAO into Schneider Electric is planned.

- Type: Acquisition
- Announced: 2021-11-29
- Where: France
- Status: completed
- Products: electrical design software
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [IGE + XAO](https://endata.com/companies/27941.md) (target)

## Sources

- [boursier.com](https://www.boursier.com/actions/actualites/news/schneider-electric-resultats-de-l-offre-sur-igexao-863798.html), 2021-11-29: "A l'issue de la clôture de l'offre, SEISAS détient directement 1.094.733 actions de IGE+XAO, représentant 83,93% du capital et 87,68% des droits de vote de IGE+XAO."

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