Schneider Electric acquires 7-Technologies

 In Entering Foreign Markets, Industry News


Schneider Electric acquires 7 Technologies

Schneider Electric (Rueil Malmaison, France) has acquired 7-Technologies (Birkeroed, Denmark)

Between energy generation and its usage, Schneider Electric provides technology and integrated solutions to optimise energy usage in markets like energy & infrastructure, industry, data centres, buildings and residential. With a portfolio in electrical distribution, industrial automation, critical power & cooling, building management and security, Schneider Electric is a global specialist in energy management and a world player in the market for energy efficiency solutions. Schneider Electric employs more than 110,000 employees and operate in more than 100 countries.

7- Technologies is an innovative Danish software company with solutions for automation and energy efficiency in industrial applications particularly within the water supply, wastewater, district heating and cooling area.

“7- Technologies has gone through some very good years with growing revenue, and increasing international sales. We have realized that taking the next step can only be done together with a large company such as Schneider Electric, who has a global presence within the automation industry”, explains Jens Løppenthien, managing director of 7-Technologies, and he continues: “I see this as a logical and positive next step for 7T, providing new opportunities and potentials for 7T staff, customers, partners and of course 7T’s products IGSS, AQUIS and TERMIS.”

Ole Sander, Country President of Schneider Electric in Denmark, is pleased to welcome 7- Technologies in Schneider Electric and is confident that the new family ties will provide exciting opportunities for both existing customers of both companies and potential new customers.

The combination of Schneider Electric’s international position and focus on automation and energy management in the industry and 7T’s innovative and unique products is a perfect match. The acquisition of 7T will contribute to ensuring Schneider Electric’s position as a leading centre of excellence within water and wastewater, and a strengthened position within district heating and cooling”, says Ole Sander.

7- Technologies’s key markets and strategic partners, continues as usual, and 7- Technologies will also continue to develop and support IGSS, AQUIS and TERMIS.

Source: 7-TEchnologies and Schneider Electric

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