Schneider Electric building-automation roll-up via TAC and Andover Controls

The ABS EMEA deal extends Schneider's building-automation platform built through earlier acquisitions of TAC (2003) and Andover Controls (2004), which were merged into Tour Andover Controls.

“The acquisition of TAC in June 2003 enabled the company to become a major competitor in building automation. The subsequent merger between TAC and Andover Controls, acquired in June 2004, further reinforced Schneider Electric's position, notably in the U.S. market.”

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