Schneider Electric and Alstom are considering making a joint offer to acquire Areva Transmission and Distribution (T&D), recently put up for sale by its parent company. To achieve this, Alstom and Schneider Electric would create a common structure that would bid for Areva T&D and, should the offer get accepted, would ultimately transfer the transmission activities to Alstom and the distribution activities to Schneider Electric.

This offer will optimize the strategic, industrial and commercial
strengths that both Alstom and Schneider can bring to each of the two
areas of T&D, says the partners, and maximize the value of the
business. This offer would consequently be more attractive for the
vendor.

The high-voltage transmission part of Areva T&D is close to
Alstom’s own activities in power generation. Alstom will bring to Areva
T&D its knowledge in power networks and automated systems, the
management of large projects, and the benefit of its commercial
network, which is particularly focused on power generation
utilities—the primary market for high-voltage activities.

The medium-voltage distribution part of Areva T&D is a business in
which Schneider Electric is active and wishes to reinforce. Schneider
would bring to Areva T&D its technical and operational strengths in
automation and medium voltage, its sales network, as well as a
complementary access to industry, building and infrastructures—major
markets for medium voltage activities.

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CLICK HERE for Schneider Electric.