Siemens acquires UK’s Electrium
The Siemens Automation and Drives (A&D) Group has signed an agreement for the takeover of Electrium based in Cannock, West Midlands.

The
(A&D) Group has signed an agreement for the takeover of Cannock, West Midlands-based
, a vendor of electrical installation systems in the UK with access to markets in the near and Middle East.
The company employs around 700 people at four sites in Cannock and Brownhills in the
Sales in fiscal year 2004/2005 (March 31) were approximately €109 million in a market worth around €960 million in the
"This is an important step for the global positioning of Siemens in electrical installation systems. The acquisition of this profitable vendor puts Siemens among the top three vendors in the
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