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Schneider Electric accelerates its penetration of Ultra Terminal market in Europe with the acquisition of Merten in Germany

施耐德電氣并購德國莫頓公司，加速滲透歐洲超終端市場

Rueil Malmaison, France – March 28, 2006 – Schneider Electric has signed an agreement to acquire Merten GmbH & Co Kg, a German firm that offers low voltage intelligent solutions for the Residential and Buildings markets.

法國于埃爾 瑪勒麥松3月28日消息——施耐德電氣已經簽署了一份協議，并購莫頓（merten）股份有限公司，一個為住宅和商業建筑提供低壓智能解決方案的德國公司。

Merten designs, manufactures and markets a comprehensive range of wiring devices for medium and high end segments (flush, mounted, weather proof switches …). It also offers control products and systems for lighting, closing, HVAC and security applications. In 2005, Merten generated revenue of nearly €100 million, of which 30% outside of Germany.

莫頓公司設計、生產和銷售全面種類的中高端部件的接線裝置（底座、防風雨開關等），同時也為照明、接通、高壓交流電和安全應用提供控制產品和系統。在2005年，莫頓公司的銷售額接近1億歐元，其中德國之外的業務收入占30% 。

With this acquisition, Schneider Electric will get significant access to low voltage installation and control systems market in Germany, which is the largest in Europe. Merten products will enable Schneider Electric to complete its ultra terminal offer with a comprehensive and complementary range of wiring devices and home control solutions. In 2005, Schneider Electric generated revenue of €1,2 billion in Ultra Terminal.

通過此次并購，對施耐德電氣進入歐洲最大的德國低壓安裝和控制系統市場有著重要的意義。莫頓的產品將使得施耐德電氣完善其超終端供應，為連接裝置和家庭控制方案提供全面的產品種類。施耐德電氣2005財年在超終端領域的收入為12億歐元。

Christian Wiest, Executive Vice-President of Schneider Electric’s Europe Operating Division, commented: “The acquisition of Merten will allow us to propose our customers additional solutions of energy savings in the Residential and Commercial Buildings markets. This project will help Schneider Electric to accelerate its development in the fast growing home control market thanks to Merten outstanding range of products.“

施耐德電氣歐洲運營部執行副總裁Christian Wiest評論道：“對莫頓的收購將使我們在住宅和商業建筑市場為客戶提供更多的能源節省方案?；谀D杰出的產品種類，這項工程將有助于加速施耐德電氣在快速增長的家庭控制市場的發展?！?/SPAN>

Udo Neumann, CEO of Merten, added: “We will essentially benefit from Schneider Electric's global reach to strengthen the market position of Merten products and systems on an European basis and accelerate the launch of intelligent new products“.

莫頓首席執行官Udo Neumann補充道：“我們將從根本上受益于施耐德電氣的全球分布，使我們以歐洲為基礎，加強莫頓產品和系統的市場地位，并且加快新產品的推出?！?/SPAN>

Subject to the authorization of the German and Austrian antitrust authorities, the transaction should be finalised in the second quarter of 2006. Schneider Electric expects that this acquisition will meet its Return on Capital Employed criteria within 3 years from completion.

有待德國和奧地利反托拉斯當局的授權，該交易將在2006年第二季度完成。施耐德電氣期望在本次收購完成的三年內達到其“資本使用回報”標準。

About Merten
Founded in 1906, with 600 employees in 4 factories, 7 sales agencies in Germany and 9 sales subsidiaries in Europe and Asia, Merten offers solutions for intelligent buildings, from switches and security programs to building system technology. Merten has a world wide presence, and delivers high-utility solutions in private houses, public buildings, hotels and office buildings.

關于莫頓公司

莫頓公司成立于1906年，有4間工廠，員工600多人，在德國有7個銷售機構，在亞洲以及歐洲有9個銷售分點。莫頓主要為智能樓宇提供解決方案，從開關和安全程序到樓宇系統技術等。莫頓的業務遍及全球，為私人住宅、公共建筑、酒店和辦公建筑提供高實用的解決方案。

About Schneider Electric
Schneider Electric is the world’s power and control specialist. Through its world-class brands, Merlin Gerin, Square D and Telemecanique, Schneider Electric anticipates and satisfies its customers’ requirements in the residential, building, industry and energy and infrastructure markets. With 89,000 employees and operations in 130 countries, Schneider Electric generated sales of €11.7 billion in 2005 through 13,000 distributor outlets.

關于施耐德電氣

施耐德電氣公司是全球電力與控制的領導者。通過旗下三大國際著名品牌，Merlin Gerin（梅蘭日蘭）、Square D（美商實快電力）和Telemecanique（TE電器），施耐德電氣公司為能源與基礎設施、工業、建筑及民用住宅等市場提供著系列齊全的優質產品及服務。施耐德電氣2005年全球銷售額為117億歐元，在全世界130個國家擁有89, 000名員工以及13，000多個銷售點。

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