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    Groupe Schneider / AEG

    Groupe Schneider and AEG Daimler-Benz Industrie have announced the intention to combine their PLC activity (programmable logic controllers).

    The new company will be named AEG Schneider Automation and will be comprised of the relevant Groupe Schneider activities Telemecanique, Square D and Modicon from AEG.

    AEG Schneider Automation will become the second largest worldwide automation company with a wide and efficient range of automation and control products.

    The new company'sales are estimated at around 3 billion FF with 3000 employees. "AEG Schneider Automation" will therefore become the number two worldwide in the PLC sector with an extensive product range available throughout the world.

    This major event will be presented at the press conference which is to be held at the Hannover Fair on Thursday April 21st 1994 at 10 am (conference center, room 3A).

    Press Contact:
    Schneider Electric
    Véronique Moine
    Tel. +33 (0)1 41 29 70 76
    Fax +33 (0)1 41 29 71 95