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    Alstom en Schneider Electric zijn van plan om een gemeenschappelijk bod te doen voor de overname van Areva T&D

    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.

    In order to achieve this, Alstom and Schneider Electric would create a common structure which would bid for Areva T&D and, if this offer is accepted, would ultimately transfer the transmission activities to Alstom and the distribution activities to Schneider Electric. Such a transfert of activities would have no social consequences.

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

    The high voltage Transmission (T) part of Areva T&D is very close to Alstom's own activities in power generation. Alstom will bring to Areva T&D its expertise and kwonledge in power networks and automated systems, its kwon-how in the management of large projects and the full benefit of Alstom's worldwide commercial netword wich is particulary focused on power generation utilities, the primary market for high voltage activities.

    The medium voltage Distribution (D) part of Areva T&D is a business in which Schneider Electric is very active and that it would like to reinforce. Schneider Electric would bring to Areva T&D its considerable technical and operational strengths in automation and medium voltage, its worldwide sales network, as well as a complementary access to Industry, Building and Infrastructures, major markets for medium voltage activities.

    This consolisation around two major worldwide industrial groups, specialised in their own fields, would represent a considerable development opportunity for Areva T&D's employees.

    About Alstom
    Alstom is a global leader in the world of power generation and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, and provides turnkey integrated power plant solutions, equipment and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind. The Group employs more than 80,000 people in 70 countries, and had orders of € 24.6 billion in 2008/09.

    About Schneider Electric
    As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 114,000 employees achieved sales of more than 18.3 billion euros in 2008, through an active commitment to help individuals and organisations “Make the most of their energy™”.

    Press Contact Alstom
    Philippe Kasse, Stéphane Farhi (Corporate)
    Tel : + 33 (0) 1 41 49 29 82 / 33 08
    Investor Relations  Schneider Electric
    Carina Ho
    Tél. : +33 (0) 1 41 29 83 29
    Fax : +33 (0) 1 41 29 71 42

    Investor Relations Alstom
    Emmanuelle Châtelain
    Tel : + 33 (0)1 41 49 37 38

    Press Contact Schneider Electric
    Véronique Roquet Montegon
    Tél. : +33 (0)1 41 29 70 76

        Media Contact :
    Michel Calzaroni
    Olivier Labesse
    Tél. +33 (0)1 40 70 11 89
    Fax +33 (0)1 40 70 90 46