Schneider Electric acquires Leader Harvest Power Technologies for €450 million (US$650 million)
Clients Schneider Electric
Jones Day advised Schneider Electric in its acquisition of Leader Harvest Power Technologies Limited ("Leader & Harvest) for USD 650 million (€450 million). The sale by private equity investors Affinity Equity Partners and Unitas Capital, and a group of management shareholders, was conducted by way of competitive tender.
Schneider Electric is a global specialist in energy management and has operations in more than 100 countries. Leader & Harvest is headquartered in Beijing and develops, manufactures and commercializes medium voltage (MV) variable speed drives.
In addition to M&A representation, Jones Day provided antitrust and intellectual property advice regarding this transaction.