What's the Schneider Electric Company?
Schneider Electric Company started in France in 1920. In 1836, the Schneider brothers took over the Creusot foundry, which was in trouble at that time. Two years later, they established Schneider & Cie. In 1891, Schneider began to enter the emerging electricity market, and reformed itself. 1981-1997 Schneider Electric set aside some non-strategic activities and continued to focus on the power industry to this day.