Schneider Electric
XIX century
• 1836 : Creusot foundries (71), which were experiencing problems at that time, passed to the Schneider brothers. Two years later, they founded Schneider & Cie.
• 1891 : After becoming an armaments specialist, Schneider innovated in the emerging electricity market.
First half of XX century
• 1919 : The arrival of Schneider in Germany and Eastern Europe with the help of the European Industrial and Financial Union (EIFU).
In the following years, Schneider began collaborating with the large international electrical and energy group Westinghouse. The group expanded its activities by mastering the production of electric motors, electrical equipment for power plants and electric locomotives.
• Post-war : Gradually Schneider moved out of the arms industry, switching to construction, iron and steel, steel and electric power. The company has been completely reorganized with the aim of diversifying and best performing in new markets.
End of XX century
• 1981-1997 : Schneider Electric continues to focus on the electrical industry, moving away from activities that are not strategically important. The specific shape of this policy emerged through strategic acquisitions: in 1988 Telemecanique, in 1991 Square D and in 1992 Merlin Gerin became part of the Schneider Electric Group.
• 1999 : Development of Ultra Terminal and acquisition of Lexel, the second company in Europe ° in the field of power distribution. In May 1999, the Group was given a new name: Schneider Electric, which further emphasizes its expertise in the electrical field. The group adheres to a strategy of accelerated development and competition.
• 2000-2009 : Period of organic growth, entering new market segments: uninterruptible power supplies, motion detectors, security and automation systems for buildings - through the acquisition of APC, Clipsal, TAC, Pelco, Conext and others.
Source : "Schneider", l'Histoire en force ".
(only in French)
Tristan de la Broise and Felix Torres. Publishing house "De Monza" (De Monza).
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