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Europe Daily Bulletin No. 8673

25 March 2004
Contents Publication in full By article 37 / 47
ECONOMIC INTERPENETRATION / (eu) industry

French company SCHNEIDER ELECTRIC has bought out US detection specialist KAVLICO (part of the SOLECTRON group; turnover of USD 156 million at the end of the tax year in August 2003) for USD 195 million. SCHNEIDER ELECTRIC is already a player in this domain with its CROUZET AUTOMATION subsidiary.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT