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![]() Schneider Electric head office in Paris | |
Type | Public (Societas Europaea) |
---|---|
Euronext Paris: SU
CAC 40 Component | |
Industry | Electrical equipment |
Predecessor | Merlin-Gerin ![]() |
Founded | 1836 (as Schneider & Cie) |
Founders | Eugène Schneider Adolphe Schneider |
Headquarters | Rueil-Malmaison, France |
Area served | Worldwide |
Key people | Jean-Pascal Tricoire (Chairman and CEO) Léo Apotheker (Vice-Chairman and Lead Director)[1]: 6 |
Products | Building automation, home automation, switches and sockets, industrial safety systems, industrial control systems, electric power distribution, electrical grid automation, Smart Grid, critical power & cooling for datacenters |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 166,025 [2] (2021) |
Subsidiaries | Luminous Power Technologies Pvt Ltd., invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit, Xantrex |
Website | www |
Footnotes / references [3] |
Schneider Electric SE[4] is a French[5][6][7] multinational company that specialises in digital automation and energy management.[8][9] It addresses homes,[10] buildings,[11] data centers,[12] infrastructure and industries,[13] by combining energy technologies, real-time automation, software and services.[14]
Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.[15] In FY2020, the company posted revenues of €25.2 billion.[16]
Schneider Electric is the parent company of Square D, APC and others. It is also a research company.[17]
Head office
Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France since 2000.[18] The current headquarters, also located in Rueil-Malmaison, previously housed Schneider subsidiary Télémécanique[19] while the parent company occupied a site in Boulogne-Billancourt.[20]
History
Beginnings
The origin of the company is the steel and armaments factories of Schneider-Creusot[21] and other industrial concerns.[22] The company began in 1836.
20th century
From 1981 to 1997, the company divested from steel and shipbuilding and focused mainly on electricity through strategic acquisitions.
Timeline
1836: Brothers Adolphe and Joseph-Eugene Schneider take over an abandoned foundry in Le Creusot, France and, two years later, create Schneider & Cie, focusing primarily on the steel industry. Schneider & Cie grows rapidly, specializing in the production of heavy machinery and transportation equipment, and eventually becomes the Schneider Group.
1975: The Schneider Group acquires an interest in Merlin Gerin, one of the top manufacturers of electrical distribution equipment in France.
1981–1997: Schneider Group re-focuses on the electrical industry by divesting its nonstrategic assets and undertakes a series of strategic acquisitions: Télémécanique[23] in 1988, Square D[24] in 1991 and Merlin Gerin[25] in 1992.
1999: Schneider Group acquires Lexel. In May 1999, the Schneider Group is renamed Schneider Electric.
The company is an ITER supplier.
2014: Schneider Electric advertises a cooperation with German power supplier RWE.[26]
2016: Schneider acquires the British retail brand Tower Electric.[27]
2017: Schneider Electric takes control of AVEVA Group PLC,[28] a provider of engineering and industrial software based in the UK.[29]
2019: Schneider launches Schneider Electric Exchange.[30]
2020: In February 2020, Schneider made a €1.4bn takeover bid for German company RIB Software,[31] closing the deal in July 2020.[32] In September 2020, Schneider Electric launched a new equipment that will help electricity distribution companies in Nigeria to fix grid faults.[33]
Acquisitions and divestments
Acquisition date | Company | Business | Country | Source |
---|---|---|---|---|
1988 | Télémécanique | Manufacturer of electrical circuit breakers, switchgear and sensors | France | [19] |
1990 | Federal Pioneer Limited | Manufacturer of electrical circuit breakers, switchgear and transformers | Canada | [34][35] |
1991 | Square D | Manufacturer of electrical circuit breakers, switchgear and transformers | USA | [36] |
1992 | Merlin Gerin | Manufacturer of electrical circuit breakers and transformers | France | [36] |
1997 | Modicon | Manufacturer of programmable logic controllers (PLC) | USA | [36][failed verification] |
2000 | Crouzet Automatismes | Automation components | France | [37] |
2000 | Berger - Positec | Stepper / servo motors | Germany | [37] |
2000 | Nu-Lec Industries | Switchgear and controls | Australia | [38] |
2001 | PDL | Domestic and industrial electrical hardware | New Zealand | [39][40] |
2002 | Digital Electronics Corporation | HMI | Japan | [41] |
2003 | CDI Power | Power systems automation | Brazil | [42] |
June 2003 | TAC | Building automation and control | Sweden | [43] |
December 2003 | MGE UPS Systems (merged with APC in 2007) | Power supplier | France | [44] |
2004 | Clipsal | Wiring | Australia | [45] |
March 2004 | Kavlico | Pressure sensors | USA | [46] |
May 2004 | Andover Controls | Building automation and security | USA | [47] |
May 2005 | Power Measurement | Energy Management | Canada | [48] |
June 2005 | ABS EMEA | Building automation | UK | [49] |
June 2005 | Juno Lighting | Lighting | USA | [50] |
July 2005 | BEI Technologies | Customized sensors | USA | [51] |
2006 | AEM S.A. | Ultra terminal | Spain | [52] |
2006 | OVA Bargellini | Ultra terminal | Italy | [52] |
2006 | Merten | Ultra terminal | Germany | [52] |
2006 | Citect | SCADA system and MES automation software | Australia | [53] |
February 2007 | APC | Power backup and protection and electrical distribution | USA | [54] |
October 2007 (sold May 2019) | Pelco | Video security | USA | [55][56] |
July 2009 | Conzerv Systems | Power management and monitoring | India | [57] |
July 2009 | Meher Capacitors | Power factor correction | India | [58] |
March 2010 | Zicom Security Systems | Security systems | India | [59] |
April 2010 | SCADAgroup | SCADA and control systems | Australia | [60] |
December 2010 | Areva T&D | Transmission & distribution | Europe | [61] |
2010 | Andromeda Telematics | Integrated control solutions[buzzword] | UK | [62] |
March 2011 | Summit Energy | Energy management | USA | [63] |
April 2011 | Digilink | Network connectivity products | India | [64] |
May 2011 | APW President Systems | Enclosure systems | India | [65] |
May 2011 | Luminous | Power inverters | India | [66] |
June 2011 | Telvent | Real-time information management systems | Spain | [67] |
June 2011 | Viconics Electronics | BMS products | Canada | [68] |
August 2011 | 7-Technologies | Software for simulation and optimization of water/electricity networks and industrial processes | Denmark | [69] |
December 2011 | Viridity | Data center management software | USA | [70] |
May 2012 | M&C Energy Group | Energy procurement and sustainability services | UK | [71] |
September 2012 | SolveIT Software | Planning and scheduling software | Australia | [72] |
March 2013 | Elektroshield Samara | High- and medium-voltage power-distribution equipment | Russia | [73] |
January 2014 | Invensys | Multinational engineering and information technology company | UK | [74] |
January 2014 | Eliwell | HVAC and refrigeration controls manufacturer | Italy | [75] |
January 2014 | AST Modular | Prefabricated modular data centers company | Spain | [76] |
January 2014 | Foxboro | Control systems | USA | [77] |
January 2014 | AST Modular | Prefabricated modular data centers company | Spain | [78] |
September 2014 | InStep Software | Real-time performance management and predictive analytics software | USA | [79] |
2015 | Drayton Controls | Residential temperature controls | UK | [80] |
October 2015 | Juno Lighting | Sells Juno | USA | [81] |
July 2017 | ASCO | Transfer switches, power control systems, and industrial control products | USA | [82] |
September 2017 | Aveva Group | Information-technology/consulting group | UK | [83] |
May 2018 | Larsen & Toubro Electrical and Automation | Electrical and automation business | India | [84] |
January 2022 | Zeigo | Climate-tech platform | UK | [85] |
Organizational structure and offer
As of 2019, Schneider Electric operates business units: Energy Management, Industrial Automation, and Services.
Energy Management
The energy management business provides products for the management of energy in medium voltage and grid automation, low voltage and building automation, secure power and cooling applications.
Services
The Services business includes three divisions: Global Field Services, Energy and Sustainability Services, and Smart grid Services.
EcoStruxure
In 2016 Schneider Electric launched the next generation of EcoStruxure – an IoT-enabled architecture.[86] The EcoStruxure platform uses Microsoft Azure.
In April 2019, the company launched Schneider Electric Exchange, an open business platform.[87]
See also
References
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{{cite web}}
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