Societas Europaea | |
Traded as | Euronext: SU |
Industry | Energy management and automation |
Founded | 1836 (incorporated 1981) |
Founder | Eugène Schneider |
Headquarters | Rueil-Malmaison, France |
Area served
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Worldwide |
Key people
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Jean-Pascal Tricoire (Chairman and CEO) Léo Apotheker (Vice-Chairman and Lead Director) |
Products | Include building automation, home automation, switches and sockets, industrial safety systems, industrial control systems, electric power distribution, electrical grid automation, Smart Grid, critical power & cooling for datacenters |
Revenue |
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Profit |
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Total assets |
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Total equity |
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Number of employees
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160,843 (2015) |
Subsidiaries | invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Pelco, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit |
Website | schneider-electric |
Footnotes / references Annual Report 2015 |
Schneider Electric SE is a French multinational corporation that specializes in energy management and automation solutions, spanning hardware, software, and services. Native of France, the company is headquartered in Rueil-Malmaison and is also based at the World Trade Center of Grenoble with offices throughout the world. A Fortune Global 500 company, Schneider Electric is publicly traded on the Euronext Exchange and is a component of the Euro Stoxx 50 . In FY2015 the company posted revenues of €26.6 billion.
Schneider Electric is the parent company of Square D, Pelco, APC and others. As of 2016, the company has 20,000 patents either active or in application worldwide; the company has over 160,000 employees in approximately 100 countries worldwide.
Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France since 2000. The current headquarters, also located in Rueil Malmaison and known as the Hive, previously housed Schneider subsidiary Télémécanique, while the parent company occupied a site in Boulogne-Billancourt.
The roots of this company are in the iron, steel, and armaments factories of Schneider-Creusot and other industrial concerns. In 2014 Schneider Electric advertised a cooperation with German power supplier RWE. From its 19th century beginnings in steel through its 20th and 21st century moves in electricity and energy management, Schneider Electric has grown into a global leader in energy management and automation through ongoing innovation and acquisition.
1836-1980: A Family Business Becomes a Major Player
1836: Brothers Adolphe and Joseph-Eugene Schneider take over an abandoned foundry in Le Creusot, France and, two years later, create Schneider & Cie, focusing primarily on the steel industry. Schneider & Cie grows rapidly, specializing in the production of heavy machinery and transportation equipment, and eventually becomes the Schneider Group, a diversified conglomerate.