Schneider’s new SA head considers acquisitions to boost scaleThe new country president of international energy management specialist Schneider Electric has hinted to possible acquisitions in the South African market as part of a concerted strategy to accelerate the expansion of the company both domestically and within the Southern African region.
Eric Léger, who took over from Carl Kleynhans on April 1, says the company is “simply too small”, particularly in the context of a group that typically occupies either the leading or the second position in most of the market segments in which it operates globally. more...
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