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Schneider Electric to acquire Shelly Group SE

PRIVATESep 24, 2026about 2 hours ago

Acquiring Company

Schneider Electric SE

Acquired Company

Shelly Group SE

ParisSofiaManufacturingEnergymachineryEnergyRenewable EnergyEnergy Management

Description

Schneider Electric SE intends to launch a voluntary public takeover offer for all outstanding shares of Shelly Group SE at a price of EUR 70.00 per share. The offer is subject to acquiring at least 95% of Shelly Group's outstanding share capital following necessary regulatory approvals. This acquisition aims to strengthen Schneider Electric's position in the smart home and energy management market.

Company Information

Company

Schneider Electric SE

Location

35 Rue Joseph Monier

Paris, Ile-de-France, France

About

Schneider Electric SE is a French multinational company specializing in electrical equipment and energy efficiency technologies. The company has a market capitalization of around €140bn.

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Frequently asked

Who acquired Shelly Group SE?

Shelly Group SE was acquired by Schneider Electric SE, based in Paris. The deal was reported on September 24, 2026. Schneider Electric SE is a French multinational company specializing in electrical equipment and energy efficiency technologies. The company has a market capitalization of around €140bn. Schneider Electric SE is privately held and operates in Manufacturing.

When did Schneider Electric SE acquire Shelly Group SE?

Schneider Electric SE's acquisition of Shelly Group SE was reported on September 24, 2026. Schneider Electric SE intends to launch a voluntary public takeover offer for all outstanding shares of Shelly Group SE at a price of EUR 70.00 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Shelly Group SE do?

Shelly Group SE is a technology company known for its IoT products, specializing in smart home and energy management solutions. The company focuses on integrating various smart technologies to improve energy efficiency and user convenience. It is privately held, operating in Energy, and is based in Sofia.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.