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    Transfo Services, a Schneider Electric’s subsidiary, becomes national leader in transformer revamping and maintenance

    Rueil-Malmaison, May 19 2008 – Transfo Services (revenues of €13M in 2007 ; 90 persons), a subsidiary of Schneider Electric France specialized in the maintenance and revamping of industrial transformers, mainly in the workshop, has acquired the Septra Tecame, Analyse & Energie and Tecame Tecame Nord Est companies (revenues of €8.4M in 2007 ; 58 employees).

    Septra Tecame is the French leader in industrial transformer maintenance on clients’ sites.
    Analyse & Energie is an analyzing laboratory for liquid dielectric contained in transformers.
    Tecame Nord Est is a regional leader of multi-brand electrical substation maintenance.

    This external growth will give Transfo Services the position of national leader in transformer revamping and maintenance (on site and in the workshop). Transfo Services also extends its competencies in electrical substations, becoming a leader in multi-brand maintenance.

    This acquisition is therefore in line with Schneider Electric France's strategy to develop services and meets Schneider Electric’s Return on Capital Employed criteria.

    About Schneider Electric
    Schneider Electric, the global specialist in energy management, offers integrated solutions making energy safer, more reliable, efficient and productive in the energy & infrastructure, industry, data centres & networks, buildings and residential markets. With sales of 17.3 billion euro in 2007, the company's 120,000 employees in 102 countries help individuals & organisations make the most of their energy.