Global Energy Efficiency Specialist Schneider Electric has announced the successful completion of the acquisition of Leader Huafu Electrical Technology Co., Ltd. on October 12, 2011. Leader Huafu is one of the leading companies in China's fast-growing medium voltage drive market. Earlier, Schneider Electric on June 9, 2011 announced the acquisition of Leader Huafu.
The acquisition will further improve Schneider Electric's energy-efficient products and solutions for key target end markets in emerging economies. The frequency converter can provide up to 50% energy saving for industrial motors. The mid-range frequency converter from Lideway has further enhanced Schneider Electric's solutions for energy-intensive markets such as power generation, mining, mineral processing and metallurgy, oil and gas, water and water treatment.
About Schneider Electric
Global Energy Efficiency Specialist Schneider Electric provides overall solutions for energy and infrastructure, industry, data centers and networks, buildings and residential markets in more than 100 countries, including energy and infrastructure, industrial process control, building automation and data centers and Network and other markets in the world's leading position in the residential applications also have a strong market capacity. Committed to providing customers with safe, reliable and efficient energy, Schneider Electric in 2010 sales of 19.6 billion euros, with more than 110,000 employees. Schneider Electric helps you - make the best use of it and enjoy it!
About Schneider Electric China
Schneider Electric established its first joint venture in China in 1987 and currently has 22,000 employees, 77 offices, 26 factories, 6 logistics centers, 1 training institute, 3 global R & D centers, 1 A laboratory, 500 distributors and sales network all over the country.
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