# JUMAG acquires majority stake in Schneider Energy Systems

JUMAG Dampferzeuger GmbH has acquired a majority stake in Schneider Energy Systems GmbH, known as Schneider-Kessel Berlin, to expand its portfolio in industrial steam generation and energy supply.

- Type: Acquisition
- Announced: 2024-11-11
- Where: Germany
- Status: completed
- Products: industrial steam generators, energy systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [JUMAG Dampferzeuger](https://endata.com/companies/80885.md) (acquirer)
- [Schneider Energy Systems](https://endata.com/companies/80886.md) (target)

## Sources

- [jumag.com](https://jumag.com/de/wir-uebernehmen-die-mehrheitsanteile-an-der-schneider-energy-systems-gmbh/), 2024-11-11: "Die JUMAG Dampferzeuger GmbH ... hat die Mehrheit an der Schneider Energy Systems GmbH ... übernommen."

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