CHNEIDER ELECTRIC FINALIZES ACQUISITION OF PROLEIT, ENHANCING THE GROUP
OFFERING ON CONSUMER PACKAGED GOODS SEGMENT
Rueil-Malmaison (France), August 4, 2020 -Schneider Electric, the global leader
in digital transformation of energy management and automation, announces today
that it has finalized the acquisition of ProLeiT, that was announced together
with the Group's Q1 results on April 23, 2020.
This bolt-on acquisition enhances Schneider Electric's offering in the Consumer
Packaged Goods segment with a specific focus on Food & Beverage, Chemical and
Lifesciences. ProLeiT is headquartered in Germany and recorded revenues of
around Euro 50million in 2019. The ProLeiT offer of Industrial Automation
Process Control will be integrated into the Group's EcoStruxure Plant offering
(within its Industrial Automation business) and will seamlessly communicate
with AVEVA software to add value for customers.
Peter Herweck, Schneider Electric's Executive Vice President, Industrial
Automation, commented: "with the acquisition of ProLeiT, we're reinforcing our
presence in automation solutions for CPG segment - an industry with good growth
perspectives across the economic cycles. We warmly welcome ProLeiT within
Wolfgang Ebster, ProLeiT's CEO/CFO, commented: "Bringing ProLeiT and Schneider
Electric together, it's a great opportunity to develop software business
through new channels. We're very proud to join Schneider Electric, a partner
with a strong strategic fit and who shares our vision, mentality and values
which are attractive for our customers and our employees".
About Schneider Electric
At Schneider, we believe access to energy and digital is a basic human right.
We empower all to make the most of their energy and resources, ensuring Life Is
On everywhere, for everyone, at every moment.
We provide energy and automation digital solutions for efficiency and
sustainability. We combine world-leading energy technologies, real-time
automation, software and services into integrated solutions for Homes,
Buildings, Data Centers, Infrastructure and Industries.
We are committed to unleash the infinite possibilities of an open, global,
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and Empowered values.
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