Schneider Electric Company Profile: History, Automation Business, Financials, Leadership and Stock
Updated: 7 days ago
Schneider Electric is a French group in energy management and industrial automation with 177,000 employees and revenue of EUR 38.15 billion in 2024. Its automation business includes the Modicon controller line and the industrial software company AVEVA. This profile sets out its history, automation business, financials, leadership and listing.
Schneider Electric at a Glance
Fact | Detail |
Company | Schneider Electric SE |
Founded | 1836, as Schneider & Cie |
Founders | Eugene and Adolphe Schneider |
Headquarters | Rueil-Malmaison, France |
Employees | 177,000 in 2024 |
Revenue | EUR 38.15 billion, 2024 |
Net income | EUR 4.43 billion, 2024 |
Stock listing | Euronext Paris: SU |
Chief Executive Officer | Olivier Blum |
Chairman | Jean-Pascal Tricoire |
Company History
The brothers Eugene and Adolphe Schneider took over an iron foundry in Le Creusot in 1836. The group that grew from it was for more than a century a heavy industry company, and it became an electrical and automation business largely through acquisitions made from the late 1980s.
Key acquisitions
1988: Telemecanique.
1991: Square D.
1992: Merlin Gerin.
1997: Modicon.
2007: American Power Conversion, announced at USD 6.1 billion.
2010: Areva T&D, jointly with Alstom.
2017: Majority stake in AVEVA; full ownership completed in January 2023.
2018: The electrical and automation business of Larsen & Toubro.
2020: RIB Software.
2024: Controlling interest in Motivair, for data center liquid cooling.
Industrial Automation Business
Part | Role |
Modicon | Programmable logic controllers, acquired in 1997 |
Telemecanique | Control components, acquired in 1988 |
AVEVA | Industrial software, wholly owned since 2023 |
Modicon is the name under which the first programmable logic controllers were sold, so the acquisition gave Schneider one of the oldest lines in factory control.
Financial Performance
Item | 2024 |
Revenue | EUR 38.15 billion |
Net income | EUR 4.43 billion |
Employees | 177,000 |
Stock Information
Schneider Electric trades on Euronext Paris under the ticker SU.
Note: this section is general information, not investment advice.
Leadership
Name | Role |
Olivier Blum | Chief Executive Officer, since November 2024 |
Jean-Pascal Tricoire | Chairman |
Strengths and Challenges
Strengths
Scale across electrical distribution, automation and software.
Strong profitability.
Exposure to data center demand.
Challenges
Automation is only part of a group led by energy management.
A change of chief executive in 2024.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 1 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Schneider Electric FAQ
Is Schneider Electric publicly traded?
Yes, on Euronext Paris under the ticker SU.
Where is Schneider Electric based?
In Rueil-Malmaison, France.
Who is the CEO of Schneider Electric?
Olivier Blum, who replaced Peter Herweck in November 2024.
Does Schneider Electric own Modicon?
Yes, since 1997.
Does Schneider Electric own AVEVA?
Yes. It became majority shareholder in 2017 and completed the full acquisition in January 2023.
Sources
Wikipedia: Schneider Electric
