ENXTPA:SUElectrical
Schneider Electric’s McLaren Deal Puts Premium Valuation In New Spotlight
Schneider Electric and McLaren Racing have agreed a new partnership, with Schneider becoming McLaren's Official Energy Technology Partner.
The deal focuses on advanced energy solutions and digital technologies for McLaren's Formula 1 and IndyCar operations.
The partnership extends an existing relationship between the two companies into high performance motorsport and manufacturing environments.
For investors watching Schneider Electric (ENXTPA:SU), this partnership arrives with the shares...