Announced
Completed
Financials
Tags
automation
Acquisition
Single Bidder
industrial automation
Germany
Majority
Friendly
Cross Border
Electrical Components
Private
Completed
Synopsis
Schneider Electric, a firm specializing in digital transformation of energy management and automation, completed the acquisition of ProLeiT, a developer of technological solutions. Financial terms were not disclosed. “In this digital economy, software is playing a leading role in the automation, optimization, and management of industrial plants. With the integrated expertise of both Schneider Electric and ProLeiT, we are even better able to help our customers advance their digital transformation to drive increased productivity and efficiency. Schneider Electric’s EcoStruxure architecture, designed for smart manufacturing and now complemented by ProLeiT, can deliver new business opportunities for Chemical, Life Sciences, and Consumer Packaged Goods plants, particularly breweries and dairies," Peter Herweck, Schneider Electric Executive Vice President.
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