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Schneider Electric

French multinational digital automation and energy management company

French multinational digital automation and energy management company

FieldValue
nameSchneider Electric SE
logo[[File:Schneider Electric 2007.svg250px]]
imageSchneider Elec HQ day.jpg
image_size270px
image_captionSchneider Electric head office in Rueil-Malmaison
typePublic
traded_as
founders
foundation
(as Schneider & Cie)
area_servedWorldwide
key_people
industryElectrical equipment
productsBuilding automation, home automation, switches, and sockets, plant process and emergency shutdown systems, industrial control systems, electric power distribution, electrical grid automation, smart grid, critical power & cooling for datacenters, energy management software
revenue(2024)
operating_income(2024)
net_income(2024)
assets(2024)
equity(2024)
num_employees177,000 (2024)
subsidLuminous Power Technologies Pvt Ltd., invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Lauritz Knudsen, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique, Telvent, Zicom, Summit, Xantrex
<!-- owner field should not appear for publicly traded companies, per {Template:Infobox company} documentation -->footnotes
locationRueil-Malmaison, France
homepage

(as Schneider & Cie)

Schneider Electric SE is a French multinational corporation that specializes in energy technology, covering electrification, automation, and digitalization for industry and homes.

Registered as a Societas Europaea, 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. In fiscal year 2024, the company posted revenues of €38.15 billion.

Schneider Electric is the parent company of Square D, APC, AVEVA, and others. It is also a research company.

Schneider Electric was recognized as the most sustainable company in Corporate Knights's The Global 100 index in 2025.

History

1836–1963

Main article: Schneider-Creusot

In 1836, brothers Adolphe and Joseph-Eugene Schneider took over an iron foundry in Le Creusot, France. Two years later, they founded Schneider-Creusot, the company that would eventually become Schneider Electric. Initially, Schneider-Creusot specialized in the production of steel, heavy machinery, and transportation equipment. In 1871, following France's defeat in the Franco-Prussian War, the company significantly developed its capacity for weapons manufacturing. Over the first half of the 20th century, Schneider-Creusot continued to grow, establishing manufacturing sites in France and abroad, including in pre-Soviet Russia and Czechoslovakia.

1963–1999

Main article: Empain-Schneider

In the 1960s, following the death of Charles Schneider, Schneider-Creusot was absorbed by Belgium's Empain group, which merged Schneider-Creusot with its corporate structures to form Empain-Schneider. In 1981, the Empain family sold its controlling stake to Paribas. These acquisitions included Télémécanique in 1988, and in 1992. In 1996, the company created the holding company Schneider Electric (China) Investment Company Ltd.

1999–present

In January 1999, Schneider acquired the Scandinavian switch-maker Lexel. Later that year, the company renamed itself Schneider Electric, to reflect its focus on the electricity sector. In 2000, Schneider Electric acquired the French controls-maker Crouzet Automatismes from Thomson-CSF and the Swiss motion control specialist SIG Positec from SIG Group.

In October 2006, Schneider Electric announced that it would acquire the data center equipment manufacturer American Power Conversion for $6.1 billion. The following February, the move was finalized following its approval by the European Commission. In June 2010, Schneider and the rolling stock manufacturer Alstom jointly purchased Areva's transmission and distribution businesses in a transaction totaling $2.73 billion.

In 2016, Schneider acquired Tower Electric, a British company that manufactured fixings and fastenings for construction and electrical firms. In 2017, Schneider Electric became the majority shareholder of Aveva, a provider of engineering and industrial software based in the UK. The next year, it acquired the Indian multinational Larsen & Toubro's electrical and automatic business in a cash deal for .

In February 2020, Schneider made a €1.4 billion takeover bid for German company RIB Software, closing the deal in July 2020. Also in 2020, Schneider Electric acquired ProLeiT AG, a supplier of industrial control and MES software.

In January 2023, Schneider Electric's acquisition of Aveva was finalized.

In November 2023, Schneider Electric finalized its acquisition of EcoAct, a company devoted to climate consulting and net-zero solutions.

After 18 months in office, CEO Peter Herweck was removed by the board of directors and replaced with Olivier Blum in early November 2024.

In October 2024, Schneider Electric signed an agreement to acquire a controlling interest in Motivair Corporation, a company specialized in liquid cooling and advanced thermal management solutions for data centers.

In December 2024, the company announced a partnership with Nvidia to design data center cooling systems.

In March 2025, Schneider Electric announced plans to invest more than US$700 million in its United States operations through 2027, marking the company's largest single capital expenditure in the country.

File:SE History-19cent-IC-900x500.jpg|1838: "La Gironde", the first French locomotive File:Schneiderlogo1950.jpg|The Schneider logo in the 1950s File:Telemecanique brochure.jpg|One of the first brochures for Telemecanique industrial control products. Telemecanique was acquired by Schneider Electric in 1988.

Acquisitions

Acquisition dateCompanyBusinessCountry
TélémécaniqueManufacturer of electrical circuit breakers, switchgear, and sensorsFrance
Square DManufacturer of electrical circuit breakers, switchgear, and transformersUSA
Merlin GerinManufacturer of electrical circuit breakers and transformersFrance
ModiconManufacturer of programmable logic controllers (PLC)USA
PDLDomestic and industrial electrical hardwareNew Zealand
TACBuilding automation and controlSweden
KavlicoPressure sensorsUSA
ClipsalWiringAustralia
Juno LightingLightingUSA
BEI TechnologiesCustomized sensorsUSA
MertenUltra terminalGermany
CitectSCADA system and MES automation softwareAustralia
American Power ConversionPower backup and protection and electrical distributionUSA
Meher CapacitorsPower factor correctionIndia
Zicom Security SystemsSecurity systemsIndia
SCADAgroupSCADA and control systemsAustralia
Areva T&DTransmission & distributionEurope
Summit EnergyEnergy managementUSA
DigilinkNetwork connectivity productsIndia
APW President SystemsEnclosure systemsIndia
LuminousPower invertersIndia
TelventReal-time information management systemsSpain
ViridityData center management softwareUSA
SolveIT SoftwarePlanning and scheduling softwareAustralia
InvensysMultinational engineering and information technology companyUK
January 2014FoxboroControl systemsUSA
July 2017ASCOTransfer switches, power control systems, and industrial control productsUSA
September 2017 (60% controlling stake)Aveva GroupInformation-technology/consulting groupUK
January 2023 (remaining shares)last=Hurstfirst=Aarondate=January 19, 2023title=Schneider Electric completes acquisition of AVEVAwork=Information ageurl=https://www.information-age.com/schneider-electric-completes-acquisition-of-aveva-123501163/laccess-date=February 15, 2023}}
November 2020ETAPElectrical power systems softwareUSA
2020RIB SoftwareAEC softwareUSA
2020OSISoftIndustrial data softwareUSA
2020Lauritz Knudsen E&A (Larsen & Toubro E&A)Electrical and automation technologyIndia
January 2022ZeigoClimate-tech platformUK
June 2022EV ConnectElectric vehicle charging platformUSA
2022EnergySageMarketplace for solar panelsUSA
2022AutoGridDistributed energy resource managementUSA
November 2023EcoActClimate consultancy and Nature-Based SolutionsFrance
October 2024MotivairLiquid cooling and advanced thermal management solutionsUSA

References

References

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  2. "2024 Universal Registration Document. Financial and Sustainable Development Report for the Year Ended December 31, 2024".
  3. "Schneider Electric Annual Report 2018". Schneider Electric.
  4. (2022-05-30). "Green economy bolstered as Schneider Electric opens 2500 green jobs worldwide". Financial Post.
  5. (2019-10-03). "Electrification and digitisation 'are the recipe for a more sustainable world'".
  6. High, Matt. (2025-10-23). "Schneider Electric CEO Olivier Blum’s Vision for the Future".
  7. "Schneider Electric Se - Company Profile".
  8. "1-EURO STOXX 50® (SX5E) (EU0009658145)".
  9. "Schneider Unveils Schneider Electric Ventures at its Innovation Summit".
  10. McCarthy, Shawn. (2025-01-22). "2025 Global 100 list: World’s most sustainable companies are still betting on a greener world".
  11. . (18 May 1934). ["Arms and the Men"](https://www.thecrimson.com/article/1934/5/18/arms-and-the-men-pbut-the/). *Reprinted by The Harvard Crimson*.
  12. Quigley, Carroll. (1966). "Tragedy And Hope". Macmillan.
  13. Nicholson, Chris V.. (April 13, 2011). "Tyco Deal Could Be Costly for Schneider". [[The New York Times]].
  14. Nye, Gerald P.. (1934). "A primer on Europe's armament makers who prolong war and disturb peace". U.S. Government Printing Offices.
  15. Grant, Jonathan A.. (2018). "Between Depression and Disarmament". Cambridge University Press.
  16. Mooney, Richard E.. (April 19, 1966). "Business Empire Set Up in France". [[The New York Times]].
  17. Renard, Francoise. (February 28, 1981). "Le groupe Paribas prend le contrôle de l'empire Empain-Schneider La fin de l'intermède belge".
  18. (2019). "Effects of Corporate Social Responsibility and Traditions in Innovations on the Activity of an International Company – the Case of "Schneider Electric"". Economic Alternatives.
  19. Ramirez, Anthony. (1991-05-13). "Square D Agrees to Takeover". The New York Times.
  20. "Schneider Electric Focuses on Strategy to Strengthen Merlin Gerin, Square D and Telemecanique Brands".
  21. (April 22, 1996). "Schneider s'organise pour renforcer ses positions en Chine".
  22. (May 28, 2015). "The world's longest-running electrical equipment companies".
  23. Fleming, Charles. (January 12, 1999). "France's Schneider to Pay $1.06 Billion For Scandinavian Switch Maker Lexel". [[The Wall Street Journal]].
  24. (2000-10-01). "Schneider buys Crouzet and Positec to target OEMs".
  25. Walsh, Lawrence M.. (October 30, 2006). "Viva Le Power: Schneider Buys APC". CRN.
  26. Miller, Rich. (October 30, 2006). "Schneider Buys APC for $6.1 Billion". Data Center Knowledge.
  27. Moltzen, Edward F... (February 14, 2007). "Schneider Electric Wraps Up APC Acquisition". CRN.
  28. . (December 26, 2011). ["Areva T&D board approves name change"](https://economictimes.indiatimes.com/industry/energy/power/arvea-tampampd-board-approves-name-change/articleshow/11256469.cms?from=mdr). *The Economic Times*.
  29. . (June 9, 2010). ["Alstom and Schneider Electric Close on Areva T&D Acquisition"](https://www.power-technology.com/uncategorized/news87373-html/). *Power Technology*.
  30. (2017-09-05). "Schneider Electric Swoops for U.K. Software Firm Aveva". [[The Wall Street Journal]].
  31. . (September 21, 2022). ["France's Schneider to buy rest of Aveva in $11 billion deal"](https://www.reuters.com/markets/europe/frances-schneider-buy-remaining-aveva-shares-31-poundsshare-offer-2022-09-21/). *Reuters*.
  32. (2019-06-17). "Schneider's L&T Acquisition to Power 'Make In India' Mission {{!}} Storify News".
  33. (14 February 2020). "Schneider Electric makes €1.4bn bid for German construction IT company". Global Construction Review.
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  37. "Conseil environnemental : Schneider Electric a finalisé l'acquisition d'EcoAct".
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  39. (2 November 2023). "Conseil climatique: Schneider Electric finalise l'acquisition d'EcoAct".
  40. (4 November 2024). "Der Industrieriese Schneider schmeißt seinen deutschen Chef raus".
  41. (5 November 2024). "Schneider Electric Removes One CEO, Hires A New One".
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  43. (December 4, 2024). "Schneider Electric working with Nvidia to design data center cooling systems".
  44. (March 27, 2025). "Schneider Electric plans to invest over $700 million in the U.S., supporting energy, AI sectors and job growth". PR Newswire.
  45. Bourbon, Jean-Claude. (July 9, 2020). "Schneider takes another step into digital". La Croix.
  46. Lepetit, Bérangère. (March 30, 2019). "Schneider Electric's "private and free" school has been training since 1930". Le Parisien.
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  48. (22 June 2001). "Schneider completes PDL takeover". [[The New Zealand Herald]].
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  50. (June 12, 2003). "EQT divests TAC to Schneider Electric".
  51. (April 2004). "Schneider buys Kavlico and takes a stake in Elau - Drives and Controls Magazine".
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  55. . (August 1, 2006). ["Citect CEO Excited to be There"](https://www.automationworld.com/products/control/news/13302392/citect-ceo-excited-to-be-there). *Automation World*.
  56. Singh, Seema. (August 6, 2009). "Schneider acquires Meher Capacitors". LiveMint.
  57. (6 March 2010). "Zicom to sell security units to Schneider for Rs 225 cr". The Times Of India.
  58. (14 April 2010). "Schneider buys Australia's SCADA group".
  59. (2009-12-01). "Alstom and Schneider for Areva T&D". World-nuclear-news.org.
  60. Guevarra, Leslie. (March 25, 2011). "Schneider's $268M Acquisition of Summit Energy Tightens EECA Market". GreenBiz.
  61. (1 April 2011). "Smartlink Network sells Digilink to Schneider for Rs 503 cr". The Times Of India.
  62. "Schneider Electric acquires 75 pc stake in APW President Systems". The Times Of India.
  63. (31 May 2011). "Schneider to acquire 74% stake in Luminous Power". The Hindu.
  64. Abboud, Leila. (June 1, 2011). "Schneider Electric to buy grid software group Telvent". Reuters.
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  78. Spector, Julian. (February 18, 2022). "Schneider snaps up solar marketplace EnergySage, aims to electrify homes". Canary Media.
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  81. (2024-10-17). "Schneider Electric to buy data centre cooling firm Motivair for $850 million". Reuters.
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