| Schneider Electric awarded at The Asia M&A Atlas Awards 2009 |
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| Thursday, 15 October 2009 | |
  
New Delhi (India), October 14, 2009: Schneider Electric, a global specialist in energy management has been conferred with ‘Asia-Pacific M&A deal of the year in the above 5 million USD category’ by the Asia M&A Atlas. The Asia M&A Atlas Awards recognizes top deals, dealmakers and firms from The Asia Pacific and Australia M&A communities. Schneider Electric recently made acquisitions of Conzerv Systems and Meher Capacitors in India to augment their Energy Efficiency business. With the two acquisitions Schneider Electric unveiled a unique and comprehensive offer portfolio which encompasses the full life cycle of Energy Efficiency - Measure, Fix the basics, Automate & Monitor. Acknowledging the award Mr. Olivier Blum, Country President - Schneider Electric India said, “This recognition validates the strategy we have developed in Energy Efficiency and our determination to walk the talk without any compromise. The acquisitions we have made thus illustrate the benefits we bring to India and to the world. Beyond deal making, Schneider Electric also takes pride in consistently implementing successful post-merger integration and building very strong relationship with the promoters and teams of acquired companies. In short, our acquisitions validate our commitment in helping people make the most of their energy.” The Asia M&A Atlas Awards are founded on the principles of authenticity, objectivity and excellence. The finalists are selected based on eligibility standards that are evaluated on identifiable set of criteria and the merits of the deal. The award honors companies which have exhibited excellence through their outstanding professional development. The prestigious Asia M&A Atlas Awards gala and dinner received a record no. of nominations this year and saw executives from top companies gather together to honor Asia’s best. About Schneider Electric As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 114,000 employees achieved sales of more than 18.3 billion euros in 2008, through an active commitment to help individuals and organisations “make the most of their energy™”.www.schneider-electric.com Hits [ 72 ] |
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