Global
Acquisitions
2003
December 2003
Schneider Electric expands in secured power
Pursuing its strategy of targeted acquisitions, Schneider Electric has decided to fully acquire MGE UPS Systems, in which it held a 32.3% interest at December 31, 2002.
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August 2003
Schneider Electric enters into an agreement to strengthen its Asia Pacific presence in Electrical Wiring Devices
Schneider Electric and Clipsal Industries (Holdings) Limited have signed an agreement for the formation of a 50/50 Joint Venture (JV) to manufacture and distribute Electrical Wiring Devices in Asia.
Simultaneously, Schneider Electric has signed an agreement to acquire ownership of the Electrical Wiring Devices business of Gerard Industries Pty. Ltd in Australia from Clipsal Industries and the Gerard Family.
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June 2003
T.A.C, the right partner for Schneider Electric in Building Automation
Schneider Electric becomes a major player in the global building automation and control market.
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