Acquisitions

High Voltage Alliance Project
Austria's VA Technologie and Schneider Electric announced their intention to create a joint venture in the high voltage business. The new created company will rank third worldwide. It will benefit from the strong geographical and offering complementarities of the two groups, and targets to rank second worldwide in the future.
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New acquisitions in Industrial Control and Automation
First-half 2000 was shaped by a return to strong growth and further gains in profitability. Recent acquisitions, stepped-up product launches and our alliances with Toshiba and Thomson Multimedia clearly demonstrated Schneider Electric’s ability to “push back the limits” in its markets, product lineup and geographic coverage.
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A new Joint Venture between Schneider Electric and Toshiba
Schneider Electric and Toshiba announce plans to create a new joint-venture in industrial speed drives.The new joint-venture will be worldwide n°1 leader on this market.
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