News | Posted 04.05.2012
This morning it has been announced that M&C Energy Group has been acquired by Schneider Electric, subject to regulatory approval. A full press announcement is available at: PRESS RELEASE
Schneider Electric is a global specialist in energy management with operations in more than 100 countries. Headquartered near Paris, France, Schneider Electric has been in operation for almost 175 years and is widely recognised as a global leader in integrated energy management services and solutions. Learn more at www.schneider-electric.com.
Key things you should know about this acquisition:
This is a very positive step in M&C’s history. M&C has built a recognised set of capabilities to meet our clients’ evolving needs across a wide geography with a client retention rate exceeding 90%. Now M&C Energy Group will be joining the visionary leader in providing Energy Solutions, Schneider Electric, a company that has a history of bringing together best-in-class service providers and products to optimise clients’ energy.