Schneider Electric, Rueil-Malmaison, France, announced the acquisition of Andover Controls Corp., the Andover, Mass.-based player in building automation and security.
Building automation is one of the new growth platforms identified by Schneider Electric as part of its strategy to develop in strategically-related activities with high growth potential. Andover Controls will considerably strengthen its positions, notably in the U.S. market and in the field of integrated systems.