High Quality Content by WIKIPEDIA articles! Schneider Electric
(Euronext: SU) is a French global company. It was founded in 1836
by two brothers, Eugene I and Adolphe Schneider. In the first part
of the 20th century, Schneider et Cie associated itself with
Westinghouse Systems, a major international electrical group at the
time. The group began manufacturing electric motors and
locomotives. After the Second World War, the armaments businesses
were abandoned in favor of electrical engineering, and iron and
steel works. The company remained in this sector until the early
1980s. In 1981, Groupe Schneider was broken up, focusing on the
electrical and controls industry. This was followed by strategic
acquisitions of Telemecanique (1988), Square D (1991) and Merlin
Gerin (1992) and it is these brands that are the core products of
the company's offering.
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