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Bloomberg ·

Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt

Schneider Electric SE is nearing an agreement to acquire Shelly Group SE, a maker of smart devices for the home, according to people familiar with the matter.

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In this story Schneider Electric Shelly Group
Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt

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Bloomberg — Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt ↗

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Sep 24Sep 25

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