L&T Sells its Electrical and Automation Business to Schneider Electric

Schneider Electric will own a 65% stake in the combined business, and Temasek will hold the rest

September 2, 2020

/ Nithin Thomas

/ Finance and M&A, Other

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Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric.

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Nithin Thomas

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AcquisitionAutomationDealElectricLTMergerSchneider

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