Schneider Electric, a global specialist in energy management, and Mikano International Limited have signed a Memorandum of Understanding (MoU) on electrical distribution.
The agreement covers the sale and distribution of Schneider Electric’s low voltage products and equipment in electrical distribution to make them accessible to Nigerians, while supporting local companies.
Under the terms of the agreement, Mikano will sell and distribute Schneider Electric’s low voltage products like circuit breakers, distribution boards, contractors, motor starters, control and signaling units as well as switches and sockets among others using its extensive geographical spread across Nigeria.
The agreement will also enable Mikano grow its business portfolio and benefit from Schneider Electric’s products and solutions especially for its own needs in generator control panels and systems.
Speaking on the agreement, Marcel Hochet, Country President of Schneider Electric described it as an opportunity for both companies to collaborate and leverage their strength to improve local access to Schneider Electric’s products.
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