Announced

Completed

Arkea Capital, Unexo, and BNP Paribas Développement completed the acquisition of 20% stake in Delta Dore from Schneider Electric.

Synopsis

Arkea Capital, an investment company, Unexo, an investment fund of the Crédit Agricole Group, and BNP Paribas Développement, an investment company, completed the acquisition of 20% stake in Delta Dore, a developer of smart home systems, from Schneider Electric, a manufacturer of electrical power products. Financial terms were not disclosed. This transition, while not having a major impact on the company’s governance or operations, represents a significant strategic move for Delta Dore. It comes at a time when energy management is responding to increasingly pressing challenges, particularly in terms of reducing the carbon footprint of homes and saving energy for households.

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MergerLinks - Arkea Capital, Unexo, and BNP Paribas Développement completed the acquisition of 20% stake in Delta Dore from Schneider Electric.