Edited Press Release
PARIS -(Dow Jones)- French electrical equipment maker Schneider Electric SA (SU.FR) Monday announced the acquisition of Microsol Tecnologia, a Brazilian manufacturer of UPSs, voltage regulators and accessories for power protection.
Founded in 1982, Microsol is the number three player in the field of critical power in Brazil, Schneider electric said.
It has a leading position in the northeast of Brazil, a solid presence in the retail channel complemented by strong government relationships and a proven R&D capacity for local custom design.
In 2008, Microsol generated net sales of approximately BRR65 million, around EUR24 million, and employed 500 people.
Company Web site: www.schneider-electric.com
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