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Schneider Electric acquires L&T Electrical & Automation business · Endata

◂ Announcements

Mar 24, 2023ACQUISITIONIndia

Schneider Electric acquires L&T Electrical & Automation business

Schneider Electric acquired the Electrical & Automation (E&A) business of Larsen & Toubro (L&T). The deal was signed in 2020 and is a significant development for Schneider Electric in India. L&T will be retained as a separate brand.

Status

Completed

Productselectrical and automation products

CompaniesLarsen & Toubro target Schneider Electric acquirer

Sectors#Electrical Equipment #Automation and Robotics

“The acquisition of the Electrical & Automation (E&A) business of Larsen & Toubro (L&T) by Schneider Electric is a very significant development for the French-headquartered company.”tndindia.com

1 source
tndindia.comL&T products will complement Schneider Electric’s offerings - Your Gateway to Power Transmission & DistributionVenugopal PillaiMar 24, 2023

Summarized from public sources; check the original articles before acting on it.

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