# YAGEO to acquire Telemecanique Sensors from Schneider Electric for €723M

YAGEO Corporation has entered into a binding commitment to acquire Schneider Electric's Telemecanique Sensors business for an enterprise value of EUR 723 million (approximately USD 729 million) in an all-cash transaction.

- Type: Acquisition
- Announced: 2022-10-27
- Where: France
- Value: $729.0M (723.0M EUR)
- Status: announced
- Products: electromechanical and electronic sensors, limit switches, proximity sensors, pressure sensors
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (partner)
- [Schneider Electric](https://endata.com/companies/2048.md) (target)
- [Yageo Corporation](https://endata.com/companies/21631.md) (acquirer)
- [Telemecanique Sensors](https://endata.com/companies/66135.md) (target)

## Sources

- [ecworld.ru](https://www.ecworld.ru/news/arh/evnte22/e271022.htm), 2022-10-27: "The proposed acquisition will be a major milestone for YAGEO to further strengthen its position in the sensor market."
- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2022/10/28/2003787844), 2022-10-27: "The proposed acquisition will be a major milestone for us to further strengthen our position in the sensor market, which will be a significant growth driver for Yageo."
- [forbes.com](https://www.forbes.com/sites/russellflannery/2022/10/31/taiwan-electronics-billionaire-makes-second-sensor-acquisition-in-a-month/), 2022-10-31: "Yageo on Thursday announced its second overseas acquisition this month with the purchase of Schneider Electric’s Telemecanique Sensors for $729 million in cash."
- [eetimes.com](https://www.eetimes.com/yageo-to-acquire-schneider-sensors-business/), 2022-11-01: "YAGEO Corporation announced today that it has entered into a binding commitment with Schneider Electric to acquire its Telemecanique Sensors business in an all-cash transaction."

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