Schneider & Cie grows rapidly, specializing in the production of heavy machinery and transportation equipment, and eventually becomes the Schneider Group, a diversified conglomerate.ġ975: The Schneider Group acquires an interest in Merlin Gerin, one of the top manufacturers of electrical distribution equipment in France.ġ981-2001: The Schneider Group Re-focuses on the Electricity Sectorġ981-1997: Schneider Group re-focuses on the electrical industry by divesting its nonstrategic assets and undertakes a series of strategic acquisitions: Télémécanique in 1988, Square D in 1991 and Merlin Gerin in 1992.ġ999: Schneider Group acquires Lexel, one of Europe's largest suppliers of installation systems and control solutions. From its 19th century beginnings in steel through its 20th and 21st century moves in electricity and energy management, Schneider Electric has grown into a global leader in energy management and automation through ongoing innovation and acquisition.ġ836-1980: A Family Business Becomes a Major Playerġ836: 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. In 2014 Schneider Electric advertised a cooperation with German power supplier RWE. The roots of this company are in the iron, steel, and armaments factories of Schneider-Creusot and other industrial concerns. The current headquarters, also located in Rueil Malmaison and known as the Hive, previously housed Schneider subsidiary Télémécanique, while the parent company occupied a site in Boulogne-Billancourt. Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France since 2000. As of 2016, the company has 20,000 patents either active or in application worldwide the company has 144,000 employees in approximately 100 countries worldwide.
Schneider Electric is the parent company of Square D, Pelco, APC and others. In FY2016, the company posted revenues of about €25 billion. A Fortune Global 500 company, Schneider Electric is publicly traded on the Euronext Exchange and is a component of the Euro Stoxx 50 stock market index. Native of France, the company is headquartered in Rueil-Malmaison and is also based at the World Trade Center of Grenoble with offices throughout the world.
Schneider Electric SE is a French multinational corporation that specialises in energy management and automation solutions, spanning hardware, software, and services. 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, Pelco, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit
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