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Trusted by
Acquiring Company
Schneider Electric
Acquired Company
Shelly Group
Spain
SofiaSoftwareDescription
Schneider Electric is set to launch a €1.2 billion takeover bid for Shelly Group, offering €70 per share. The all-cash offer aims to enhance Schneider's presence in the smart home market. Shelly's founders have conditionally agreed to sell their stakes, and the deal is expected to close by early 2027. This acquisition is seen as a strategic move to bolster Schneider's residential business.
Fundz sees it the moment Schneider Electric makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Shelly Group?
Shelly Group was acquired by Schneider Electric, based in Spain. The deal was reported on September 24, 2026. Schneider Electric is privately held.
When did Schneider Electric acquire Shelly Group?
Schneider Electric's acquisition of Shelly Group was reported on September 24, 2026. Schneider Electric is set to launch a €1.2 billion takeover bid for Shelly Group, offering €70 per share. The all-cash offer aims to enhance Schneider's presence in the smart home market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shelly Group do?
Shelly Group is a provider of IoT and smart building solutions, focusing on expanding its Software-as-a-Service (SaaS) portfolio. It is privately held, operating in Software, and is based in Sofia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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