HomeBusinessSchneider Electric Wan Buy Motivair for $850 Million

Schneider Electric Wan Buy Motivair for $850 Million

Schneider Electric, wey be one of de biggest companies for digital transformation and energy management, don announce say dem dey plan to invest $850 million to buy Motivair. Dis deal go help Schneider Electric expand dem reach and capabilities in de field of compressed air and cooling solutions.

Motivair, wey be based in de United States, be well known for dem innovative products and services in de area of compressed air systems. De acquisition go give Schneider Electric access to new technologies and markets, especially in de industrial sector.

De deal, if it go through, go be one big step for Schneider Electric as dem continue to grow and strengthen dem position in de global market. It also show how Schneider Electric dey committed to investing in new technologies and companies to improve energy efficiency and sustainability.

Experts believe say dis acquisition go have positive impact on Schneider Electric’s financial performance and market share, and it go also create new opportunities for growth and innovation in de energy management sector.

Abullahi Ahmed
Abullahi Ahmedhttps://nnn.ng/
Abdullahi Ahmed na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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