Schneider Electric Acquires Abacus Engineered Systems

MALM?, Sweden-Schneider Electric has announced, through its subsidiary TAC/Tour Andover Controls, the acquisition of Abacus Engineered Systems, a US-based provider of facility energy and engineering solutions, with sales of approximately $30 million in 2003 and 86 employees.

Andover Controls and TAC have recently combined to form Tour Andover Controls, a new presence in the building automation industry. Schneider Electric, a provider of electrical distribution, power and controls, which purchased TAC in June 2003 and acquired Andover Controls in August 2004, merged the companies. The new name draws from Tour & Andersson Controls, an earlier identity of TAC, and leverages the brand and name recognition of Andover Controls in the United States and the United Kingdom, and of TAC in northern Europe.

Since 1985, Abacus Engineered Systems has played a role in helping customers maximize their facility’s comfort and efficiency. Abacus provides building analysis, design and post-construction services from its Seattle headquarters as well as its offices in New York, Pennsylvania, Oregon, Virginia, Massachusetts and Arizona, and specializes in ensuring that facilities operate efficiently.

Both Abacus and TAC Americas Energy Solutions division deliver energy performance and engineering solutions to education, state and local governments, health facilities, the telecommunications industry and the military. TAC Americas Energy Solutions has a strong market presence in the Southwest, Midwest and the Southeast United States that is complementary to the positions of Abacus in the Northwest, Mid-Atlantic and Northeast regions. Abacus will be merged into TAC Americas Energy Solutions division.