Strategic· Acquisitions abroad

Schneider Electric acquires Shelly Group

Manufacturer of connected electrical devices · Sofia, Bulgariaacquired bySchneider Electric

Schneider 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

Deal-Radar no. 43-044 · publicly reported, without guarantee · SourcingClub was not involved in this transaction. Report an error · Method

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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.