Sch­nei­der sells In­ven­sys

DEMM Engineering & Manufacturing - - MAINTENANCE MATTERS -

Sch­nei­der Elec­tric has sold its In­ven­sys Ap­pli­ance di­vi­sion, which will be re­named Robertshaw Con­trols Com­pany, to an af­fil­i­ate of Sun Euro­pean Part­ners, LLP.

The dis­posal fol­lows a strate­gic re­view of the firm’s ap­pli­ance di­vi­sion that con­cluded the unit is not a core busi­ness to Sch­nei­der Elec­tric.

The ap­pli­ance di­vi­sion is one of the world’s largest sup­pli­ers of com­po­nents and sys­tems that con­trol the oper­a­tion of ap­pli­ances, in­clud­ing cook­ing, re­frig­er­a­tion, laun­dry and dish­wash­ing, in both res­i­den­tial and commercial sec­tors.

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