# 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.

- Type: Acquisition
- Announced: 2023-03-24
- Where: India
- Status: completed
- Products: electrical and automation products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Larsen & Toubro](https://endata.com/companies/263.md) (target)
- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)

## Sources

- [tndindia.com](https://www.tndindia.com/lt-products-will-complement-schneider-electrics-offerings/), 2023-03-24: "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."

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