Dear Distributor,

We are pleased to inform you that Schneider Electric’s acquisition of Invensys plc has been approved by all relevant parties and the deal closed on January, 2014.  As a valued Schneider Electric distribution partner we would like to take this opportunity to share with you some further details on what this acquisition will mean to your business with Schneider Electric.

We are committed to our partnership with you

First and foremost we would like to assure you that all our existing partnerships and contracts held in place with our distribution partners remain valid. We also confirm that our go-to-market strategies, including our marketing investments, will continue to ensure maximum sales opportunities for all our stakeholders.

In addition, in the coming months we will review, on a case by case basis, any potential channel conflicts and possible overlaps in coverage as a result of this acquisition.

You play a key role in our future company

Schneider Electric’s acquisition of Invensys reinforces our industrial automation capabilities, boosts our position in energy management and strengthens our software offer. By combining the strengths of Schneider Electric and Invensys we are building a global, innovative, technology company with a strong position in these market segments. Distribution partners from both companies will continue to play a key role in delivering the offers of our now combined company to our key customers and geographies – indeed partners like you will be critical to the continued success of our business.

Our wider portfolio means more business opportunities for you

With this acquisition, the technology and innovation of both Schneider Electric and Invensys, and our combined development capabilities, will enable new easy-to-use systems, applications and technologies to be brought to market faster, delivering a comprehensive broad-spectrum portfolio which could generate a deeper and more rewarding business partnership with you.

Please be assured that our current brands, product structure and roadmaps will remain the same in the immediate future, and we confirm our commitment to best-in-class products.

In summary, by building on the strength of our individual brands, Schneider Electric’s acquisition of Invensys will bring deeper and broader value to all our stakeholders. For now, your dealings with Schneider Electric will not change. All current commitments we hold with our distribution partners will be honoured and your Schneider Electric contacts will remain the same.

As the integration of our two companies continues there will be more information available over the next few months on our website. In the mean time we are working on business as usual; should you have any further questions or concerns please don’t hesitate to contact your Schneider Electric Partner Program Manager.

For more information, pls visit: www.schneider-electric.com/ae