All entries on Schneider Electric across all areas, newest first. tag:eurotrack.ai,2026:en:en/companies/schneider-electric 2026-10-05T06:00:00Z Eurotrack tag:eurotrack.ai,2026:6c889a9c:en 2026-10-05T06:00:00Z

French electrical engineering group Schneider Electric confirmed reports from the previous day on 5 October 2026 and is buying Boston-based industrial software company PTC outright for cash: $205 per share, a 42.3% premium to the last closing price, valuing the equity at about $22.6bn and the enterprise at $23.7bn. The deal is to be funded with new shares and debt and is expected to close in the third quarter of 2027; in June Schneider had already agreed to buy industrial data specialist Cognite (Business Standard/Reuters, 5 Oct 2026; second source: Boston Globe, 5 Oct 2026). — Sources: https://www.business-standard.com/world-news/schneider-electric-confirms-22-6-billion-deal-to-acquire-us-firm-ptc-126100501378_1.html · https://www.bostonglobe.com/2026/10/05/business/schneider-electric-ptc/

tag:eurotrack.ai,2026:9afbe7b6:en 2026-09-24T06:00:00Z

On 24 September 2026 Schneider Electric announced a cash offer of €70 per share for Bulgarian smart home and IoT maker Shelly Group; the deal values Shelly at around €1.2bn excluding debt, a 27% premium to the unaffected reference price. The founders back the deal; completion depends on, among other things, a minimum acceptance level and regulatory approvals. This firms up the preliminary talks reported on 29 July 2026 (entry 53f7bc81) (heise online, 24 Sep 2026; Handelsblatt, 24 Sep 2026). Update (28.09.2026): Schneider's subsidiary SE 2026 A SAS has registered the €70-per-share offer with Bulgaria's Financial Supervision Commission (FSC); the minimum acceptance threshold is 95%, and the acceptance period will only start once the FSC has approved and the offer has been published (Shelly Group ad hoc release, 28.09.2026). Update (05.10.2026): Shelly Group's board of directors considers the €70-per-share offer adequate in its reasoned statement, relying on a fairness opinion from Freitag & Co.; in the investment agreement Schneider committed, among other things, to preserving management, locations, employment levels and core brands for a set period (Shelly Group, ad hoc announcement, 05.10.2026). Update (23 October 2026): the Bulgarian Financial Supervision Commission (FSC) completed its preliminary review of the offer on 22 October 2026 and asked for additions to the offer document, for which the bidder has 20 business days; the price is not affected. The acceptance period will begin only once the amended document is approved (Shelly Group, EQS release, 23 October 2026). — Sources: https://www.heise.de/en/news/Smart-Home-Schneider-Electric-takes-over-Shelly-Group-11464299.html · https://www.finanznachrichten.de/nachrichten-2026-10/69759497-eqs-adhoc-shelly-group-se-verwaltungsrat-mit-positiver-stellungnahme-zum-registrierten-freiwilligen-oeffentlichen-erwerbsangebot-der-schneider-electr-022.htm · https://live.deutsche-boerse.com/news/EQS-News-Bulgarian-Financial-Supervision-Commission-completes-preliminary-review-of-the-voluntary-public-takeover-offer-for-Shelly-Group-SE-0f8f4c93-26a0-40e3-aecd-5b382c5d4181

tag:eurotrack.ai,2026:b3359317:en 2026-09-19T06:00:00Z

According to IG Metall Würzburg, around 110 jobs in total are at risk at Schneider Electric Automation GmbH's Marktheidenfeld (Main-Spessart district) and Lahr (Baden-Württemberg) sites; unlike in earlier rounds, engineering and development roles are affected this time as well. Actual production in Marktheidenfeld had already been discontinued around five years ago, and the works council warns that development expertise is being relocated to China and India. Schneider Electric declined to comment on either the details of possible staffing effects or site-specific questions — reported situation based on union figures (infranken.de, 19 Sept 2026). — Source: https://www.infranken.de/lk/main-spessart/schneider-electric-mitarbeiter-in-marktheidenfeld-bangen-um-ihre-jobs-art-6396591

tag:eurotrack.ai,2026:8f5c8d39:en 2026-09-09T06:00:00Z

As part of the site reorganization announced on 9 September 2026 in the Eure department, Schneider Electric is investing over €150 million in a new consolidated site in Évreux by 2029, merging the Le Vaudreuil and Pacy-sur-Eure plants (about 800 jobs combined); in parallel, the Beaumont-le-Roger site will close in 2030 and Chasseneuil-du-Poitou in March 2028 (see linked closures entry) (titrespresse.com, 9 Sept 2026). — Source: https://www.ici.fr/normandie/eure-27/evreux/fusion-de-sites-150-millions-d-euros-d-investissement-schneider-electric-reorganise-de-ses-activites-de-l-eure-7254129

tag:eurotrack.ai,2026:0e051996:en 2026-09-09T06:00:00Z

Schneider Electric announced on 9 September 2026 the closure of its Chasseneuil-du-Poitou plant (Vienne, 145 employees) for March 2028. At the same time, the Beaumont-le-Roger site (Eure) is to close in 2030 and be merged, together with the Le Vaudreuil and Pacy-sur-Eure plants (about 800 jobs combined), into a new site in Évreux (see linked expansions entry); relocation offers are planned for affected staff (titrespresse.com, 9 Sept 2026). — Source: https://www.ici.fr/nouvelle-aquitaine/vienne-86/chasseneuil-du-poitou/schneider-electric-annonce-la-fermeture-de-son-usine-de-chasseneuil-du-poitou-145-salaries-vises-par-un-plan-social-3744639

tag:eurotrack.ai,2026:53f7bc81:en 2026-07-29T06:00:00Z

Reported stage (first Bloomberg, picked up by BTA and SeeNews, 29 July 2026): France's Schneider Electric is in preliminary talks over a tender offer for Bulgarian smart home and IoT manufacturer Shelly Group, which is listed in Sofia and Frankfurt. A valuation of around €1.3bn, or about €70 per share, is cited. There is no binding offer; whether one materialises, on what terms and on what timetable is open. Update (24 Sep 2026): Schneider Electric has announced a cash offer of €70 per share (valuation around €1.2bn); the volume is carried in follow-up entry 9afbe7b6. — Source: https://seenews.com/news/schneider-electric-in-prelim-tender-offer-talks-with-bulgarias-shelly-group-1298852

tag:eurotrack.ai,2026:3d2d0362:en 2026-06-30T06:00:00Z

The French electrical engineering group is acquiring 100% of the industrial AI and data software provider Cognite (over 800 employees, revenue over $170 million in 2025) and intends to integrate it into its software subsidiary AVEVA. Completion subject to approvals. — Source: https://www.cognite.com/en/company/newsroom/schneider-electric-announces-agreement-to-acquire-cognite