Deal announced May 2004 · United States Verified
Schneider Electric acquires Andover Controls
Schneider Electric announced the acquisition of U.S.-based Andover Controls Corporation, a Balfour Beatty building automation and security business with $169 million in 2003 sales, to strengthen its building automation and security position, particularly in the U.S.
“Schneider Electric has announced the acquisition of U.S.-based Andover Controls Corporation, a Balfour Beatty company. Andover Controls is a building automation and security business, with sales of $169 million in 2003.”
Entities
Andover Controls Corporation · Target Balfour Beatty · Parent Schneider Electric · Acquirer
Other
Source: www.achrnews.com
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