Tag: Schneider Electric

Schneider Electric to buy L&T’s E&A business for $2.1B

India, Mumbai: Larsen & Toubro, India’s engineering, technology and construction company, has signed definitive agreements with Schneider Electric for strategic divestment of its electrical and automation business for an all-cash consideration of $2.1 billion.

Schneider Electric Appoints new CMO for North America

USA, Massachusetts: Schneider Electric has announced appointment of Shonodeep Modak as new Chief Marketing Officer for North America, where he will be responsible for the development and implementation of the brand and marketing strategy in the United States, Canada and Mexico.

German transformer maker SGB-SMIT sold to One Equity Partners

Buyout group BC Partners has sold German transformer manufacturer SGB-SMIT to peer investor One Equity Partners, after failing to reach a deal to merge it with the power transformer unit of the French electrical components maker Schneider Electric, according to Reuters.

Global medium voltage transformer market report

Ireland, Dublin: Research and Markets has announced the addition of the "Global Medium Voltage Transformer Market - Analysis by Application and Type - Growth Trends and Forecasts (2015-2020)" report to their offering.

Pad-Mounted Transformer Market to be worth $6B by 2020

India, Pune: The new report published by MarketsandMarkets titled "Pad-Mounted Transformer Market by End User, by Phase, by Rated Power, by Insulation Type & by Region - Global Forecast to 2020" is now available.

Global Medium Voltage Transformers Market report

USA, New York: Future Market Insights has announced the addition of the “Medium Voltage Transformers Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.

Electroshield launches International Engineering Centre in Samara

Russia, Samara: Electroshield – TM Samara, Russian transformer and electrical equipment manufacturer, has inaugurated its new International Engineering Centre in Samara, with an aim to become more competitive in the fields of electrical engineering and technology.

Schneider Electric to move transformer production to Poland

France, Paris: French group Schneider Electric plans to move production of its biggest-selling power transformers to Poland and cut as many as 170 domestic jobs, reports Reuters citing the French daily Les Echos.