# Groupe Cahors acquires Schneider Electric transformer plants in Turkey and Poland

Groupe Cahors entered into share purchase agreements to acquire companies operating transformer plants in Turkey and Poland from Schneider Electric. The transaction closed on 5 January 2023.

- Type: Acquisition
- Announced: 2023-01-17
- Where: Turkey and Poland, Türkiye
- Status: completed
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (target)
- [Groupe CAHORS](https://endata.com/companies/45791.md) (acquirer)

## Sources

- [paksoy.av.tr](https://paksoy.av.tr/en/2023/01/paksoy-advises-groupe-cahors-on-the-acquisition-of-schneider-electrics-transformer-plant-in-turkey/), 2023-01-17: "Groupe Cahors, a French-based international group specialised in the development of energy distribution and telecommunication networks, has entered into share purchase agreements for the acquisition of companies operating transformer plants in Turkey and Poland from Schneider Electric"

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