APC 2013 Annual Report Download - page 28

1OVERVIEW OF THE GROUP'S STRATEGY, MARKETS AND BUSINESSES
COMPANY HISTORY AND DEVELOPMENT
From Power&Control to Energy Management 4.2
Creating a major player in Building With the acquisition of ArevaD (Areva’s medium voltage
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distribution division) in June2010, we became worl leader in
Automation&Security medium voltage and grid automation.
As the result of several acquisitions, TAC in2003, Andover
lIn2010, we acquired 50% of Electroshield Samara, a leading
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Controls in2004 and Invensys Building Systems in2005, we medium voltage company in Russia. In 2013, we acquired full
became a major player in building automation. ownership of this company, transforming Russia into a key
We entered the video security market in2007 with the
lmarket for the Group and enhancing our capacity to be a key
acquisition of Pelco. player in the oil, gas and mining industry, as well as to develop
energy efficiency and smart grid.
In recent years we have further developed our operations in
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mature countries, in particular through the acquisition of two With the acquisition of Telvent in2011, a Spanish software
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pioneering French companies in December2010: Vizelia, a company with a strong presence in North America, we
provider of software that monitors the energy consumption of became the leader in ADMS, advanced Distribution
buildings in real time, and D5X, a specialist in solutions Management System, supporting the monitoring and
optimizing the use of commercial buildings. management of large electrical distribution networks.
The acquisitions of Summit Energy (2011) and M&C Energy
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Reinforcing leadership in low voltage
Group (2012) increased our expertise in energy procurement
services. distribution and industrial
Building a global leader in Critical Power automationandcontrol
We identified Critical Power as a key technology for our
lWe reinforced our Wiring Devices and Ultra Terminal offer with
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portfolio and regained majority control of MGE UPS in2004. several acquisitions: Clipsal in2003, OVA, Merten and GET
We became a worl leader with the acquisition of American
lin2006, Marisio and Wessen in2008.
Power Conversion (APC) in2007, the US-based world leader We grew our portfolio in renewables conversion with Xantrex
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in single-phase and three-phase UPS with operations on all in2008.
continents and USD2.5billion in revenue. We grew our presence in new economies with Delixi in China,
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We expanded our operations in new economies with the
lConzerv in India (2009) and Steck Group in Brazil (2011).
acquisition of UPS manufacturer Microsol Tecnologia in Brazil We reinforced our Industrial Automation&Control portfolio
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in2009 and the acquisition of APW in India in2011. with Citect in2006, RAM Industries in2008, Cimac and
In2011, we broadened our portfolio with cooling offers from
lSCADA group in2010 and Leader&Harvest in2011.
Uniflair, data center services from Lee Technologies and In January 2014, we closed the acquisition of Invensys plc.
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backup power storage from Luminous. This strategic move reinforces our global position in integrated
Building a global leader in Medium
industrial automation and electro-intensive segments.
Voltage&Grid Automation
We have historically been one of the leading players in
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medium voltage electrical distribution products and
equipment.
Recent external growth 4.3
In March2013, Schneider Electric acquired 100% ownership of to strengthen positions in integrated industrial automation and
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Electroshield – TM Samara, transforming Russia into a key electro-intensive segments, in particular Oli & Gas other
market for the Group. This strategic investment also reinforced process-driven industries;
our worldwide presence in the technologies for energy, mining to bring Schneider Electric strong brands and presence in
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and urban infrastructure. software for industrial operational efficiency;
to strengthen Industry business which is becoming more
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In July2013, Schneider Electric announced an agreement with
global, in particular strengthening its presence in North
Invensys plc to acquire the entire issued and to be issued share
America, and to provide more adaptable solutions.
capital of Invensys plc. This acquisition intends:
The acquisition of Invensys plc was completed on January17,
to respond to Schneider Electric’s Industry and Infrastructure
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2014.
clients demands for increased efficiency;
26 2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC