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Schneider Electric acquires Al-Maysan Technical Services to boost local engineering in Saudi Arabia

Schneider Electric completes acquisition of Jeddah-based Al-Maysan, strengthening its local engineering, design, and project lifecycle capabilities in Saudi Arabia.

Ajel News36 min ago · 4 min read
Schneider Electric and Al-Maysan executives at signing ceremony

Key Takeaways

AI

• The acquisition strengthens Schneider Electric’s local capabilities in design, engineering, installation, commissioning, and project lifecycle services.

• It enhances the company’s presence and proximity to clients and projects, especially in the western region of Saudi Arabia.

• Builds on a longstanding partnership with Al-Maysan, previously a certified partner under Schneider Electric’s EcoXpert program.

Schneider Electric, a global leader in energy technologies, announced today the completion of its acquisition of Al-Maysan Technical Services Ltd. (MTS), a Saudi engineering company based in Jeddah specializing in integrated, smart, and sustainable building control and automation systems. This strategic move will strengthen Schneider Electric’s local engineering capabilities and support its proximity to clients and projects across the Kingdom.

Under the deal, Al-Maysan is now wholly owned by Schneider Electric in Saudi Arabia. The acquisition expands Schneider Electric’s local expertise in design, engineering, installation, commissioning, as well as operations and maintenance services. This will enable the company to provide comprehensive support to clients throughout the lifecycle of their projects and bring it closer to customers and projects, particularly in the Kingdom’s western region.

Mohammed Shaheen, Schneider Electric’s CEO for Saudi Arabia, Pakistan, Bahrain, and Yemen, said: “Saudi Arabia is rapidly developing advanced and ambitious infrastructure projects, increasing the need for engineering expertise close to project sites, alongside the latest global technologies. The Al-Maysan team has extensive experience in the Saudi market and a proven track record in project delivery. By combining our capabilities, we can offer more integrated support to our clients throughout their project lifecycles and continue investing in developing local talent in the Kingdom.”

Al-Maysan provides specialized engineering and technical services in smart buildings, industrial automation, data centers, and critical infrastructure. Its expertise includes building management systems, industrial automation and SCADA systems, energy metering, lighting control, data center solutions, fire protection and life safety systems, as well as security systems.

This acquisition builds on a long-term collaboration between the two companies. Prior to the deal, Al-Maysan was a certified partner of Schneider Electric under the EcoXpert program in building management and home automation. Years of cooperation have established a strong foundation of shared expertise in technology, engineering, and client relations.

Fayez Al-Aswad, CEO of Al-Maysan Technical Services, said: “Joining Schneider Electric marks a new and important chapter for Al-Maysan, our team, and our clients. We have worked alongside Schneider Electric for many years, and combining our local engineering and execution expertise with Schneider Electric’s technologies and global capabilities will deliver greater value to our clients and contribute to the ongoing development of infrastructure in Saudi Arabia.”

Al-Maysan will continue to serve its existing clients, prioritizing service continuity, project delivery, and customer support throughout its integration into Schneider Electric’s Saudi operations, ensuring a smooth transition and high service standards.

The acquisition reflects Schneider Electric’s ongoing presence and sustained investment in the Kingdom. The company has operated in Saudi Arabia for 45 years, with a team of around 700 employees based at its regional headquarters in Riyadh. Schneider Electric also operates three manufacturing sites in Riyadh, Dammam, and King Salman Energy City, producing over 20 products locally. In February 2023, the company launched the Energy Technology Academy for the Middle East and Africa from Riyadh, supporting the Human Capability Development Program and helping to develop local talent in energy and future technologies.

Walid Sheta, Schneider Electric’s President for the Middle East and Africa, said: “Partnerships have always been the cornerstone of Schneider Electric’s growth in the Middle East and Africa. Through our partner ecosystem, we accelerate the adoption of electrical, automation, and digital intelligence solutions for clients across the region. At the same time, we continue to strengthen our integrated execution capabilities for major strategic projects and priority sectors, working closely with our partners.”

The integration of Al-Maysan into Schneider Electric represents a long-term strategic investment in Saudi Arabia, supporting national engineering talent, developing Saudi expertise, and enhancing the execution capabilities needed to meet the demands of ambitious projects driving transformation and development in the Kingdom and the region. This move is a clear sign of our confidence that the future of energy technologies in the region is being built today in Saudi Arabia.”

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