Home » Schneider Electric acquires ELAU AG
Schneider Electric acquires ELAU AG
ControlDesign.com
05/16/2005
SCHNEIDER ELECTRIC announced the acquisition of the outstanding shares (53.5 percent stake) of ELAU AG, based in Germany. This acquisition is subject to antitrust review. ELAU provides core technology that enables packaging machines to deliver the increased efficiency and flexibility demanded in the global packaging industry. As a wholly owned subsidiary, ELAU will enable Schneider Electric to implement an autonomous and dedicated growth strategy for packaging automation. In 2004, it has achieved a strong growth of 24 percent (sales were EURO 39.8 million) and a high operating margin of 14 percent.
This business responds to three key aspects of Schneider Electric’s strategy:
- The acceleration of growth in the packaging OEM market.
- The widening of its offer in the Motion Control field.
- The strengthening of its presence in the European and North American Industrial Automation markets.
More News:
-
02/08/2012
PLCopen, OPC Foundation Connect on MES
PLCopen and OPC Foundation have begun to cooperate on manufacturing execution system (MES) connectivity, integrating machine and process data for MES use based on OPC UA and PLCopen standards.
-
02/08/2012
Wireless Sensor Networks Expand
The wireless sensor network (WSN) market is poised to grow rapidly in the coming years
-
02/08/2012
ODVA Recommends Cybersecurity Guidelines
Interconnectivity between plant floor and enterprise systems can boost productivity, it can introduce security risks
-
02/03/2012
PLCopen Extends Motion Control Spec
The Suite of PLCopen Motion Control Specifications Has Been Extended With the Release of Part 5 and Part 6
-
02/03/2012
PLCs Make Speedy Recovery
Global Revenues From PLCs Were nearly 30 Percent Higher in 2010 Than They Were in 2009, Reaching More Than $8 Billion. IMS Research Says That the PLC Market Will Continue to Grow in 2012
-
02/03/2012
15 Years of Control Design: Flashback 1997-2012 - February
February Highlights Included Several Advances in Both Space and Cyberspace
-
01/31/2012
Mechatrolink Offers Free Membership Upgrade
Until the End of March, Mechatrolink Members Assn. Is Offering a Year’s Regular Membership, Which Normally Costs $1,500, for Free
-
01/30/2012
ABB to Acquire Thomas & Betts
ABB Will Pay $3.9 Billion to Become a Major Player in the North American Low-Voltage Products Market. The Transaction, Subject to Approvals, Should Close by Mid-Year.
-
01/24/2012
Shell Canada Site Receives 2011 HART Plant of the Year Award
Shell’s Scotford Upgrader Facility Won This Year’s Award for Using HART Communication to Expand Capacity Safely and Efficiently
-
01/23/2012
Participate in Our 2012 Machine Buying Habits Survey
We Want to Learn About the Methods You Prefer to Use When You Do Your Automation and Control Products Research
- All news »
Sponsored Links
Control Design Digital Edition
Access the entire print issue on-line and be notified each month via e-mail when your new issue is ready for you. Subscribe today.
- Featured White Papers

Print page