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M&C acquired by Schneider Electric

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:

  • M&C will continue to operate as we have in the past – with a focus on our clients’ best interests.
  • M&C remains completely independent and unbiased in our recommendations to clients. Schneider Electric is not involved in the production or sale of energy commodities.
  • The combination of M&C and Schneider Electric’s Energy Solutions Group will create a platform for serving customers that is unmatched in terms of its geographic breadth and depth of service.
  • With resources throughout the globe, the combined team will be able to bring the broadest solution set to the market, including energy procurement, risk management, carbon and data management expertise, as well as Schneider Electric’s complete portfolio of products, solutions and services.
     

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.