Schneider Electric signed an agreement for the sale of Telvent DTN to TBG AG, a private holding company headquartered in Zurich, Switzerland. The transaction is based on an enterprise value of approximately $900 million.
TBG focuses on critical business information services and high added value industrial niches.
Telvent DTN provides information services, supply chain connectivity tools and decision support solutions in agricultural, energy and environmental industries. It
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.