Abstract
The electrical equipment industry, which generates revenues from construction and maintenance, is closely related to the economic conditions. This sector is characterized by the globalization of markets, the concentration of firms, the standardization of products and increasing costs of development & production. The Schneider Group, a French electrical manufacturer whose CEO is Didier Pineau-Valencienne has been restructured. It has conducted the following measures:
-Divest the loss-making businesses,
-Focus on the two segments: electrical building contracting and electrical equipment manufacturing,
-Geographical diversification through the acquisition of 15% stake in DAVY, an English engineering company, and a controlling interest in Federal Pioneer, a Canadian electrical equipment manufacturer.
