Watlow to Acquire Eurotherm from Schneider Electric.

MANews-(C)2009-2022

US-based industrial thermal systems designer and manufacturer Watlow has signed an agreement to acquire UK-based Eurotherm from France-based Schneider Electric (OTC: SBGSY), the company said.

The terms of the transaction were not disclosed.

Eurotherm is a global provider of temperature, power, and process control, measurement and data management equipment, systems, software, and services for global industrial markets.

The company's headquarters are in Worthing, UK, with core manufacturing operations in LÄ(tm)dziny, Poland, and headcount of about 650 people worldwide.

Watlow is a global industrial technology and manufacturing firm providing...

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