Schneider Electric Enhances Its Position In Core Low Voltage With The Acquisition Of ASCO Power Technologies
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- Published: Thursday, 27 July 2017 08:32
Schneider Electric, the global specialist in energy management and automation, announced today that it has signed an agreement to acquire Asco Power Technologies (”ASCO”), a leader in the Automatic Transfer Switch (“ATS”) market for a consideration of $1,250m (c.€1,072m) in an all cash transaction.
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