Schneider Electric acquires Shelly Group
Manufacturer of connected electrical devices · Sofia, Bulgariaacquired bySchneider ElectricSchneider Electric plans to acquire the Bulgarian Shelly Group for €70 per share, which corresponds to a valuation of around €1.2bn. The Bulgarian regulator FSC requires further information from Schneider on the takeover offer.
- Buyer
- Schneider Electric
- Target
- Shelly Group, Sofia
- Type
- Strategic
- Sector
- Retail and consumer goods
- Country
- Bulgaria
- First reported
- 23/10/2026
- Source
- cash.ch
Deal-Radar no. 43-044 · publicly reported, without guarantee · SourcingClub was not involved in this transaction. Report an error · Method
Transactions by Schneider Electric
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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 26 October 2026.