Platform formation Dec 2004 · USA / Europe Verified
Schneider Electric merges TAC and Andover Controls into Tour Andover Controls
Schneider Electric merged building-automation firms Andover Controls and TAC to form a new entity, Tour Andover Controls. Schneider had purchased TAC in June 2003 and acquired Andover Controls in August 2004.
“Andover Controls and TAC have combined to form Tour Andover Controls, a new entity in the building automation industry. Schneider Electric, which purchased TAC in June 2003 and acquired Andover Controls in August 2004, has merged the companies.”
Entities
Andover Controls · Subsidiary Schneider Electric · Parent TAC · Subsidiary Tour Andover Controls · Platform
HVACOther
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.