Announced
Synopsis
Storskogen, a private equity firm, agreed to acquire the cable support business of Schneider Electric, a manufacturer of electrical power products, for $48m. ”Schneider’s Cable Support business is a well-managed entity with premium products, an excellent management team and very skilled staff. The business rests on some strong underlying macro trends such as digitalization, electrification, urbanisation and renewable energy that I believe will benefit Cable Support going forward,” Fredrik Bergegård, Storskogen EVP and Head of Industry.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.