Schneider Electric to acquire Invensys ABS EMEA

Schneider Electric announced it will acquire Invensys' Advanced Building Systems operations in Europe and the Middle East (Satchwell brand), to be integrated with Tour Andover Controls.

“Schneider Electric has announced that it will acquire Invensys Advanced Building Systems operations in Europe and the Middle East (ABS EMEA). The acquisition is subject to regulatory approvals.”

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