Manufacturers

Schneider Electric Finalizes Sale of Its Transportation Business

Schneider Electric Finalizes Sale of Its Transportation Business

RUEIL-MALMAISON, France — Schneider Electric announced that it has finalized the sale of its Transportation Business, one of the recognized providers of mobility worldwide, to Kapsch TrafficCom AG. The business generated revenues of €125m in FY2015 and was consolidated under the Infrastructure business of Schneider Electric.

 

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