Schneider acquires cooling-systems manufacturer Uniflair

Power and cooling services provider Schneider Electric has signed an agreement to acquire Uniflair, a manufacturer of in-room precision cooling systems and modular-access floors primarily for data centers and telecommunications applications.

Uniflair, which has manufacturing facilities in Italy, India and China, employs approximately 500 people on a global basis and is expected to generate revenues in excess of €80m (£67.6m) for the current year.