久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Schneider buys clean tech company for $650m

By James Regan and Stephen Aldred (China Daily)

2011-06-10 10:54

Schneider buys clean tech company for $650m

A Schneider Electric SA production facility in Tianjin. The company estimated that energy efficiency would represent an incremental market opportunity of $45 billion annually by 2020, with a large portion coming from emerging economies such as China. [Photo / China Daily]

PARIS / HONG KONG - Schneider Electric SA has agreed to pay $650 million for Leader & Harvest Technologies Holdings Ltd, one of the leading players in the fast-growing medium voltage (MV) drives market in China.

Sources told Reuters on Monday that Schneider was among second-round bidders, along with ABB Ltd, for the private equity-owned China cleantech asset.

Co-owners Affinity Equity Partners and Unitas Capital have earned more than three times their initial investment of around $200 million for the asset they acquired in late 2009.

The private equity firms hired Deutsche Bank AG to run a dual-track sale and initial public offering process.

The sale of Leader & Harvest offered global multinationals a rare opportunity to acquire an entire company in China.

The Chinese government's emphasis on energy saving, together with the company's distribution network, added to the strong interest in Leader & Harvest.

Leader & Harvest had recorded annual growth of above 20 percent in recent years, and was expected to generate sales of about $150 million this year, Schneider said in a statement on Thursday.

Leader & Harvest, which has more than 750 employees and is headquartered in Beijing, holds a strong position in MV drives in China, which makes up about 40 percent of the global market.

Related readings:
Schneider buys clean tech company for $650m ABB, Schneider bid for China cleantech firm

Leader & Harvest's drives are used in energy-intensive industries such as power generation, mining, minerals and metals, oil and gas, and water and water treatment.

Drives can provide energy savings of up to 50 percent for industrial motors, but around 70 percent of the world's MV motors are not equipped with drives.

Schneider Electric recently estimated that energy efficiency would represent an incremental market opportunity of $45 billion annually by 2020, with a large portion coming from new economies such as China. The company said it expected the acquisition to be accretive on earnings each share from year one.

Reuters

Paper kettle

An Italian designer, Andrea Ponti, designed a recycled paper-made water container for the Milano Expo 2015, according to yankodesign.com.

Bamboo treecycle

The Bamboo treecycle developed by MGT Engineering Ltd is on dispay at the 21th China Int'l Bicycle and Motor Fair.

Charger captures power from Wifi

A US electronics company invented a charger that draws its power from Wifi signals.

World Environment Day

World Environment Day is an annual event that is aimed at being the biggest and most widely celebrated global day for positive environmental action. The theme this year is Forests: Nature At Your Service.

China International Green Industry Expo 2010

The China International Green Industry Expo 2010 (CIGIE 2010) is an important international green industry exhibition hosted by the Chinese government and held at the Beijing Exhibition Center, Nov 24 to 27.

China Wind Power 2010 Conference&Exhibition

China Wind Power 2010 is the largest and most important international wind power conference and exhibition in China.

主站蜘蛛池模板: 萌白酱福利视频在线网站 | 99久女女精品视频在线观看 | 国产日韩精品欧美一区 | 国产杨幂福利在线视频观看 | 亚洲精品中文字幕字幕 | 亚洲第一网色综合久久 | 欧美a级在线 | 在线观看国产精品一区 | 农村寡妇女人一级毛片 | 色悠久久久久综合网伊人男男 | 国产日韩欧美精品一区二区三区 | 国产精品久久国产三级国电话系列 | 99久久99久久久99精品齐 | 99热久久国产综合精品久久国产 | 中国性孕妇孕交在线 | 色播亚洲视频在线观看 | 男人免费看片 | 亚洲成a v人片在线观看 | 青草九九 | 亚洲美女综合网 | 99re这里只有精品99 | 久污 | 一级特黄国产高清毛片97看片 | 亚洲毛片免费在线观看 | 国产乱码精品一区二区三区四川人 | 亚洲视频免费 | 国产日本在线视频 | 日本天堂网| 欧美成人三级伦在线观看 | 日韩精品a | ab毛片| 欧美成人性色大片在线观看 | freex性日韩| 免费一极毛片 | 久久久精品一区二区三区 | 免费一级a毛片在线播放视 免费一级α片在线观看 | 久久草在线看 | 永久免费观看午夜视频在线 | a男人的天堂久久a毛片 | 99久久精品久久久久久清纯 | 自拍视频区|