# Yageo Corporation acquires Telemecanique Sensors from Schneider Electric

Yageo Corporation completed the acquisition of Telemecanique, France from Schneider Electric S.E. for an enterprise value of approximately €723 million on October 31, 2023.

- Type: Acquisition
- Announced: 2023-10-31
- Where: France
- Value: $765.0M (723.0M EUR)
- Status: completed
- Products: sensors, industrial automation products
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (target)
- [Yageo Corporation](https://endata.com/companies/21631.md) (acquirer)
- [Telemecanique](https://endata.com/companies/73362.md) (target)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/YAGEO-CORPORATION-6491612/news/Yageo-Corporation-acquired-Telemecanique-France-from-Schneider-Electric-S-E-ENXTPA-SU--45219711/), 2023-10-30: "Yageo Corporation (TWSE:2327) completed the acquisition of Telemecanique, France from Schneider Electric S.E. (ENXTPA:SU) for enterprise value of approximately €723 million on October 31, 2023."

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