# Akron Industry receives approval to acquire Schneider Electric's stake in Elektroshchit Samara

Russian President Vladimir Putin authorized Akron Industry to acquire 22.5 million shares of SEShch Holding (owner of Elektroshchit Samara) from French company Schneider Electric Industries SAS. The deal involves the sale of Schneider Electric's stake in the electrical equipment manufacturer.

- Type: Acquisition
- Announced: 2022-10-17
- Where: Samara, Russia
- Status: announced
- Products: electrical equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (target)
- [Schneider Electric Industries SAS](https://endata.com/companies/17612.md) (target)
- [Akron Industry](https://endata.com/companies/65857.md) (acquirer)
- [SEShch Holding](https://endata.com/companies/65858.md) (target)
- [Elektroshchit-TM Samara](https://endata.com/companies/66670.md) (target)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/5619805), 2022-10-17: "Президент России Владимир Путин подписал распоряжение о совершении сделки АО «Акрон Индустрия»."
- [mergers.ru](https://mergers.ru/news/Samarskij-zavod-Schneider-Electric-Jelektroschit-TM-Samara-prodan-AO-Akron-Industriya-80104), 2022-11-16: "АО "Акрон Индустрия" приобрело самарское АО "СЭЩ Холдинг", принадлежавшее ранее Schneider Electric Industries SAS."

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