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Schneider Electric To Acquire Power Measurement
Schneider Electric has agreed to acquire Victoria, Canada-based
Power Measurement Inc. (PMI), owned by a consortium led by GFI Energy
Ventures LLC. PMI, with $57 million in 2004 sales, designs,
manufactures and provides enterprise energy intelligent systems for
energy suppliers, service providers and large energy consumers.
Dave Petratis, executive vice president, Schneider Electric North
American operating division, said, “This acquisition of a focused
and well-managed company fits perfectly with our strategy of developing
new businesses with high growth potential and reinforcing our service
offering capability. PMI enlarges Schneider Electric’s product
offering in intelligent energy systems and will benefit from our global
reach to expand its international presence and to sustain its launch of
ground-breaking intelligent new products called for by our
customers.”
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Industry Calendar
Jan. 21-24, 2009 NAED Western Region Conference: Palm Desert, Calif.; National Association of Electrical Distributors (NAED), (314) 991-9000, www.naed.org
Feb. 25-28, 2009 NAED South-Central Region Conference: Orlando, Fla.; NAED, (314) 991-9000, www.naed.org
March 10-14 Electronic House Expo Spring 2009: Orlando, Fla.; EH Publishing, 508-663-1500, www.naed.org
March 17-20 Electric West Conference: Las Vegas, Penton Media Exhibitions, 203-358-3704, www.electricshow.com
March 18-21 NEMRA Annual Conference: Orlando, Fla.; National Electrical Manufacturers Representatives Association, 800-446-3672, www.nemra.org
April 19-23 NAILD Convention: Scottsdale, Ariz.; National Association of Independent Lighting Distributors (NAILD), 716-875-3670, www.naild.org
April 20-23 A-D Electrical Supply Division Network Meeting: Houston; Affiliated Distributors (A-D), 610-977-3100, www.mya-d.net
April 29-May 1 2009 Equity/EDN Annual Meeting: Dallas; Equity/EDN Electrical Associates; 800-373-1894, www.equityedn.org
May 3-4
Lightfair International:
New York; AMC Inc.; 204-220-2004, www.lightfair.com
May 4-7
Windpower 2009 Chicago:
American Wind Energy Association (AWEA); 202-383-2512
May 16-20
NAED National Electrical Leadership Summit:
Fort Lauderdale, Fla.; NAED; 888-791-2512; www.naed.org
June 28-July 1
Women in Industry Forum:
Santa Fe, N.M.; NAED; 888-791-2512; www.naed.org
July 30-August 1
NAED LEAD Conference:
Orlando, Fla.; NAED; 888-791-2512; www.naed.org
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