Schneider Electric SE
TypePublic (SE)
IndustryElectrical equipment
PredecessorMerlin-Gerin Edit this on Wikidata
Founded1836; 187 years ago (1836)
(as Schneider & Cie)
HeadquartersRueil-Malmaison, France
Area served
Key people
Peter Herweck
Jean-Pascal Tricoire
Léo Apotheker
ProductsBuilding automation, home automation, Switches, and sockets, Industrial safety systems, Industrial control systems, electric power distribution, electrical grid automation, Smart grid, critical power & cooling for datacenters
RevenueIncrease 34.17 billion[1] (2022)
Increase €4.93 billion[1] (2022)
Increase €3.53 billion[1] (2022)
Total assetsIncrease €58.36 billion[1] (2022)
Total equityDecrease €26.09 billion[1] (2022)
Number of employees
162,339[1] (2022)
SubsidiariesLuminous 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, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit, Xantrex Edit this at Wikidata
Footnotes / references

Schneider Electric SE is a French multinational company that specializes in digital automation and energy management.[3][4] It addresses homes,[5] buildings,[6] data centers,[7] infrastructure and industries,[8] by combining energy technologies, real-time automation, software, and services.[9]

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.[10] In fiscal year 2022, the company posted revenues of €34.2 billion.[1]

Schneider Electric is the parent company of Square D, APC, and others. It is also a research company.[11]



Main article: Schneider-Creusot

In 1836, brothers Adolphe and Joseph-Eugene Schneider took over an iron foundry in Le Creusot, France.[12] 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.[13][14] In 1871, following France's defeat in the Franco-Prussian War, the company significantly developed its capacity for weapons manufacturing.[15] 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.[15][16]


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 own corporate structures to form Empain-Schneider.[17][18] In 1981, the Empain family sold its controlling stake to Paribas.[18] In the 1980s and 1990s, the company, once again operating under the Schneider name, divested from steel and shipbuilding and, through strategic acquisitions, began to focus on the electricity sector.[14][19] These acquisitions included Télémécanique in 1988,[14] Square D in 1991,[20] and Merlin Gerin [fr] in 1992.[21]


In January of 1999, Schneider acquired the Scandinavian switch-maker Lexel.[22][23] Later that year, the company renamed itself Schneider Electric, to reflect its focus on the electricity sector.[24]

In October 2006, Schneider Electric announced that it would acquire the data center equipment manufacturer American Power Conversion for $6.1 billion.[25][26] The following February, the move was finalized following its approval by the European Commission.[27] In June of 2010, Schneider and the rolling stock manufacturer Alstom jointly purchased Areva's transmission and distribution businesses in a transaction totaling $2.73 billion.[28][29]

In 2016, Schneider acquired Tower Electric, a British company that manufactured fixings and fastenings for construction and electrical firms.[citation needed] In 2017, Schneider Electric became the majority shareholder of Aveva, a provider of engineering and industrial software based in the UK.[30][31] The next year, it acquired the Indian multinational Larsen & Toubro's electrical and automatic business in a cash deal for 140 billion (US$1.8 billion).[32]

In February 2020, Schneider made a €1.4 billion takeover bid for German company RIB Software,[33] closing the deal in July 2020.[34] Also in 2020, Schneider Electric acquired ProLeiT AG, a supplier of industrial control and MES software.[35]

In April 2021, Schneider introduced 'The Zero Carbon Project'. Since then, it has shown its commitment to minimize 'operational carbon emissions' by 2025.[36]

In January 2023, Schneider Electric's acquisition of Aveva was finalized.[37]

Notable acquisitions

Acquisition date Company Business Country Source
1988 Télémécanique Manufacturer of electrical circuit breakers, switchgear, and sensors France [14]
1991 Square D Manufacturer of electrical circuit breakers, switchgear, and transformers USA [38]
1992 Merlin Gerin Manufacturer of electrical circuit breakers and transformers France [39][40]
1997 Modicon Manufacturer of programmable logic controllers (PLC) USA [41]
2001 PDL Domestic and industrial electrical hardware New Zealand [42][43]
June 2003 TAC Building automation and control Sweden [44]
March 2004 Kavlico Pressure sensors USA [45]
2004 Clipsal Wiring Australia [46]
June 2005 Juno Lighting Lighting USA [47]
July 2005 BEI Technologies Customized sensors USA [47]
2006 Merten Ultra terminal Germany [48]
2006 Citect SCADA system and MES automation software Australia [49]
February 2007 American Power Conversion Power backup and protection and electrical distribution USA [25][26]
July 2009 Meher Capacitors Power factor correction India [50]
March 2010 Zicom Security Systems Security systems India [51]
April 2010 SCADAgroup SCADA and control systems Australia [52]
December 2010 Areva T&D Transmission & distribution Europe [53]
March 2011 Summit Energy Energy management USA [54]
April 2011 Digilink Network connectivity products India [55]
May 2011 APW President Systems Enclosure systems India [56]
May 2011 Luminous Power inverters India [57]
June 2011 Telvent Real-time information management systems Spain [58]
December 2011 Viridity Data center management software USA [59]
September 2012 SolveIT Software Planning and scheduling software Australia [60]
January 2014 Invensys Multinational engineering and information technology company UK [61]
January 2014 Foxboro Control systems USA [62]
July 2017 ASCO Transfer switches, power control systems, and industrial control products USA [63]
September 2017 (60% controlling stake) Aveva Group Information-technology/consulting group UK [64]
January 2023 (remaining shares) [65]
November 2020 ETAP Electrical power systems software USA [66]
2020 RIB Software AEC software USA [67]
2020 OSISoft Industrial data software USA [68]
2020 Larsen & Toubro E&A Electrical and automation technology India [69]
January 2022 Zeigo Climate-tech platform UK [70]
June 2022 EV Connect Electric vehicle charging platform USA [71]
2022 EnergySage Marketplace for solar panels USA [72]
2022 AutoGrid Distributed energy resource management USA [73]

Organizational structure and offer

Since 2019, Schneider Electric has been operating business units: Energy Management, Industrial Automation, and Services.[74]

Energy Management

The Energy Management business provides products for the management of energy in medium voltage and grid automation, low voltage and building automation, secure power and cooling applications.


The Services business includes three divisions: Global Field Services, Energy and Sustainability Services, and Smart grid Services.[75]


In 2016 Schneider Electric launched the next generation of EcoStruxure – an IoT-enabled architecture.[76] The EcoStruxure platform uses Microsoft Azure. In 2021, the EcoStruxure solutions introduced by Schneider helped customers lessen 'carbon emissions' by 84 million tonnes.[36]

In April 2019, the company launched Schneider Electric Exchange, an open business platform.[77] In June 2022, Schneider Electric introduced its EcoStruxure Machine Expert Twin, an adaptable digital shadow software solution that aims to handle the machine's 'lifecycle'.[78]


Research and development investment

In its Innovation Summit North America, Schneider Electric expressed its aim to assess emerging technologies, support and subsidize startups through guiding them.[79] In FY2021, Schneider Electric announced that its research and development expenses were around 855 million euros.[citation needed]

Operational technology

In January 2023, Schneider Electric's interest to develop the area of Operational Technology was concretized through its partnership with BitSight, a specialist in the field of cybersecurity.[80] In fact, their collaboration seeks to realize a unique 'global Operational Technology (OT) Risk Identification and Threat Intelligence capability' that aims to detect the threats to Operational Technology [81] and consolidate 'industrial security'.[80]

Head office

Schneider Electric has had its head office in Rueil-Malmaison, France since 2000.[82] The company uses an international operations model[83] wherein its key personnel and large numbers of its staff are spread across main offices in Reuil-Malmaison,[84] Hong Kong,[85] Noida,[86] and Boston.[87]

Merten of Schneider Electric

Schneider Electric acquired in June 2006 Merten GmbH, a German manufacturer of electrical wiring material and EIB products. In 2021, the company generated around 118 million euros and, according to its own statements, employed 385 people.

In 1906, the brothers Ernst, August and Emil Merten founded the company Gebrüder Merten in Windhagen. They started with the production of electrical installation parts. In 1926, the company also started manufacturing plugs and connectors.

In the decades that followed, Merten expanded its production capacities and gradually added new areas and products.

The company operates a plant in Wiehl-Bomig and also operated a plant in Drolshagen until 2013.

Competitor in the field of Electrical wiring in Germany and Austria are Berker (Hager), Busch-Jaeger (ABB), Jung and the nearby Gira in Radevormwald. The traditional tool company Knipex (C. Gustav Putsch KG) is located in the nearby Wuppertal.

See also


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