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Schneider Electric

Schneider Electric
Societas Europaea
Traded as EuronextSU
Industry Energy management and automation
Founded 1836; 181 years ago (1836)
(incorporated 1981)
Founder Eugène Schneider
Headquarters Rueil-Malmaison, France
Area served
Worldwide
Key people
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
  • Increase26.64 billion (2015)
  • €24.94 billion (2014)
  • Decrease€2.23 billion (2015)
  • €2.90 billion (2014)
Profit
  • Decrease€1.41 billion (2015)
  • €1.94 billion (2014)
Total assets
  • Increase€42.58 billion (2015)
  • €41.16 billion (2014)
Total equity
  • Increase€20.85 billion (2015)
  • €19.73 billion (2014)
Number of employees
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.com
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.


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