trending Market Intelligence /marketintelligence/en/news-insights/trending/ve701a5MuW4R8EmjqRYKqQ2 content esgSubNav
In This List

Transom Capital in exclusive talks to acquire Schneider Electric's Pelco unit

Blog

Greenhouse gas and gold mines - Emissions intensities unaffected by lockdowns

Blog

Q&A: U.S. Battery Storage and Global Battery Metals Trends Webinar

CASE STUDY

A Trade Finance Firm Ups Its Game With Supply Chain Intelligence

Blog

Corporate and Municipal CUSIP Request Volumes Slow in August


Transom Capital in exclusive talks to acquire Schneider Electric's Pelco unit

U.S. private equity firm Transom Capital Group LLC is in exclusive discussions to buy Pelco by Schneider Electric from Schneider Electric SE.

Pelco specializes in video surveillance solutions and services, including cameras, recording and management systems software. The company posted €169 million in revenues in 2018.

Schneider said the proposed deal, which is subject to the relevant work councils' review, aligns with its plan to focus on its core energy management and industrial automation offerings.

The transaction is expected to generate an up to €250 million non-cash loss on disposal, the net impact of which would be excluded from the net income used for dividend calculation.