Schneider et Compagnie, also known as Schneider-Creusot for its birthplace in the French town of Le Creusot, was a historic iron and steel-mill company which became a major arms manufacturer. In the 1960s, it was taken over by the Belgian Empain group and merged with it in 1969 to form Empain-Schneider, which in 1980 was renamed Schneider SA and in 1999, after much restructuring, Schneider Electric.
Schneider et Compagnie, also known as Schneider-Creusot for its birthplace in the French town of Le Creusot, was a historic iron and steel-mill company which became a major arms manufacturer. In the 1960s, it was taken over by the Belgian Empain group and merged with it in 1969 to form Empain-Schneider, which in 1980 was renamed Schneider SA and in 1999, after much restructuring, Schneider Electric.
Source: Wikipedia "Schneider-Creusot" · CC BY-SA 4.0
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