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Deal announced Nov 2006 · France

Schneider Electric to acquire American Power Conversion for ~$6.1 billion

Schneider Electric entered a definitive merger agreement to acquire all outstanding shares of American Power Conversion (APC) at $31/share, for an enterprise value of ~$5.5 billion (total ~$6.1 billion cash), combining it with subsidiary MGE UPS Systems in the critical power market. Strategic acquisition.

“Schneider Electric and American Power Conversion (APC) have entered into a definitive merger agreement under which Schneider Electric will acquire all outstanding shares of APC for an enterprise value of approximately $5.5 billion. The price per share is $31 and will be paid in cash for a total amount of approximately $6.1 billion.”

Entities

American Power Conversion · Target Schneider Electric · Acquirer
Electrical

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