Shelly: Schneider Electric Acquires Smart Home Specialist for 1.2 Billion Euros

By with∅ut-me 24.09.2026 at 12:46 Uhr Companies & Markets Finance & Stock Market IT & Internet
TL;DR AI-generated Schneider Electric is acquiring the Bulgarian Shelly Group for approximately 1.2 billion euros. The offer of 61.35 euros per share is supported by Shelly's management and major shareholders. Shelly will continue to operate as an independent brand under the French group.

Source: golem.de

0 votes

Discussion

Log in to join the discussion.

No comments yet. Be the first!