AVEVA Group Bundle
Who Owns AVEVA Group?
AVEVA Group's ownership journey is a significant aspect of its corporate history. The company's transition from a publicly traded entity to a wholly-owned subsidiary marked a major shift.
Schneider Electric completed its acquisition of AVEVA Group in January 2023, making it the sole owner. This move integrated AVEVA's extensive industrial software capabilities into Schneider Electric's broader digital transformation strategy.
Who owns AVEVA Group now?
Since January 2023, AVEVA Group is fully owned by Schneider Electric. This acquisition brought together two major players in industrial technology, aiming to enhance digital solutions for industries. AVEVA's software, which helps design, operate, and optimize industrial assets, now forms a core part of Schneider Electric's offerings, benefiting over 20,000 customers globally.
AVEVA's origins trace back to 1967 as the Computer-Aided Design Centre, a UK government initiative. Its evolution included becoming a publicly listed company before its acquisition. The company's portfolio includes solutions like AVEVA Group Porter's Five Forces Analysis, crucial for sectors such as energy and manufacturing.
Who Founded AVEVA Group?
The origins of AVEVA Group trace back to 1967 with the establishment of the Computer-Aided Design Centre (CADCentre) in Cambridge, England. This entity was initially a government-funded research institute, a collaboration between the UK Ministry of Technology and Cambridge University, focused on advancing computer-aided design for British industries.
Governmental Foundation
Established in 1967, the Computer-Aided Design Centre (CADCentre) was a government-funded research institute. Its primary goal was to foster the development and adoption of computer-aided design technologies within the UK's industrial sector.
Key Early Figures
Arthur Llewelyn served as the first director. Prominent early staff members included brothers Dick and Martin Newell, who made significant contributions to CAD development.
Pioneering Software Development
Dick Newell was instrumental in the creation of the Plant Design Management System (PDMS). Martin Newell was a pioneer in 3D solid modeling and the development of PostScript.
Transition to Private Ownership
The CADCentre transitioned into a private company in 1983. A significant management buyout occurred in 1994, led by Dr. Bob Bishop, who had been the company's first managing director.
Public Listing and Rebranding
The company became publicly traded in 1996. In 2001, it was rebranded as AVEVA.
Early Ownership Details
Specific details regarding equity splits or early investor percentages from its initial government-funded phase are not publicly available due to its original status as a research institute.
The early days of the company saw significant contributions from individuals like Dick Newell, who later co-founded Cambridge Interactive Systems (CIS) and Smallworld, further solidifying his impact on the software industry. The company's evolution from a government research center to a publicly traded entity marked a pivotal shift in its ownership structure and operational focus, eventually leading to its rebranding as AVEVA in 2001. Understanding the Target Market of AVEVA Group requires appreciating this foundational period.
Key Milestones in AVEVA's Early History
AVEVA's journey from its inception as a government research institute to its current status involved several critical transformations. These included the development of groundbreaking software and a strategic shift towards private enterprise.
- Foundation of CADCentre in 1967 by UK Ministry of Technology and Cambridge University.
- Development of the Plant Design Management System (PDMS).
- Pioneering work in 3D solid modeling and PostScript by Martin Newell.
- Transition to a private company in 1983.
- Management buyout in 1994 under Dr. Bob Bishop.
- Public listing in 1996.
- Rebranding to AVEVA in 2001.
AVEVA Group SWOT Analysis
- Complete SWOT Breakdown
- Fully Customizable
- Editable in Excel & Word
- Professional Formatting
- Investor-Ready Format
How Has AVEVA Group’s Ownership Changed Over Time?
AVEVA Group's ownership journey saw a significant shift with its public listing in 1996 on the London Stock Exchange. A pivotal moment arrived in 2018 with the merger with Schneider Electric's industrial software business, which established Schneider Electric as the dominant shareholder.
| Event | Date | Impact on Ownership |
|---|---|---|
| Public Listing on LSE | 1996 | Became a publicly traded company. |
| Merger with Schneider Electric's Industrial Software Business | March 1, 2018 | Schneider Electric became the largest shareholder with a 60% stake. |
| Agreement for Full Takeover | September 21, 2022 | Schneider Electric agreed to acquire the remaining equity for approximately £3.87 billion. |
| Acquisition Completion | January 18, 2023 | AVEVA became a wholly-owned subsidiary of Schneider Electric. |
| Delisting from LSE | January 19, 2023 | AVEVA shares ceased trading on the London Stock Exchange. |
The strategic integration with Schneider Electric's industrial software business in 2018 was designed to propel AVEVA's evolution towards a subscription and cloud-based industrial SaaS model, leveraging combined expertise. This move was intended to accelerate growth and innovation within the industrial software sector. The subsequent full takeover by Schneider Electric, finalized in January 2023, marked the end of AVEVA's status as a publicly traded entity. As of July 2025, Schneider Electric SE holds complete ownership of AVEVA Group, making it the sole entity controlling its operations and strategic direction.
AVEVA's Ownership Transformation
AVEVA Group's ownership structure has been fundamentally reshaped through strategic acquisitions and mergers. The company's transition from a publicly traded entity to a wholly-owned subsidiary highlights significant shifts in its financial and operational landscape.
- Schneider Electric's initial 60% stake was a result of a 2018 merger.
- The total value of the 2022 takeover offer was approximately £3.87 billion.
- AVEVA's delisting from the London Stock Exchange occurred in January 2023.
- Schneider Electric SE is the current and sole owner of AVEVA Group.
- Understanding these changes is key to grasping the Growth Strategy of AVEVA Group.
AVEVA Group PESTLE Analysis
- Covers All 6 PESTLE Categories
- No Research Needed – Save Hours of Work
- Built by Experts, Trusted by Consultants
- Instant Download, Ready to Use
- 100% Editable, Fully Customizable
Who Sits on AVEVA Group’s Board?
Following its full acquisition by Schneider Electric in January 2023, AVEVA Group's board structure has been integrated into its parent company's governance. While AVEVA operates with business autonomy, Schneider Electric holds ultimate control and voting power.
| Name | Role | Associated Company | Start Date |
|---|---|---|---|
| Caspar Herzberg | Chief Executive Officer (CEO) | AVEVA | March 2023 |
| Brian DiBenedetto | Chief Financial Officer and Director | AVEVA | 2024 |
| Marco Mueller | Chief Marketing Officer | AVEVA | May 2023 |
| Caoimhe Keogan | Chief People Officer | AVEVA | 2021 |
| Rob McGreevy | Chief Product Officer | AVEVA |
The acquisition by Schneider Electric in January 2023 marked a significant shift in AVEVA Group's ownership and governance. As a wholly-owned subsidiary, AVEVA no longer operates as a publicly traded entity, meaning its stock is not available on public markets, and its financial reporting and decision-making processes are now consolidated under Schneider Electric. This change has streamlined operations, as AVEVA's ultimate control rests with its parent company, eliminating the need for public shareholder oversight. The former Chairman, Philip Aiken, stepped down from the board upon the transaction's completion.
AVEVA Group's Governance Post-Acquisition
Since becoming a wholly-owned subsidiary of Schneider Electric, AVEVA's board composition and voting power have been centralized. Schneider Electric now holds the entirety of the voting power, reflecting its complete ownership.
- Schneider Electric is the sole owner of AVEVA Group.
- AVEVA Group is no longer a publicly traded company.
- Ultimate voting power resides with Schneider Electric.
- Internal voting structures are not publicly disclosed.
- Caspar Herzberg leads AVEVA as CEO and is part of the Schneider Electric Executive Committee.
Understanding the Revenue Streams & Business Model of AVEVA Group provides context for its operational independence despite the change in ownership. While specific details regarding internal voting power within AVEVA post-acquisition are not publicly disclosed, it is understood that Schneider Electric, as the sole shareholder, exercises complete control. This means that all voting power for AVEVA Group ultimately rests with Schneider Electric, simplifying the decision-making hierarchy. The acquisition effectively ended AVEVA Group's status as a publicly traded entity, meaning there are no longer public AVEVA Group shareholders to consider in voting matters.
AVEVA Group Business Model Canvas
- Complete 9-Block Business Model Canvas
- Effortlessly Communicate Your Business Strategy
- Investor-Ready BMC Format
- 100% Editable and Customizable
- Clear and Structured Layout
What Recent Changes Have Shaped AVEVA Group’s Ownership Landscape?
The ownership landscape of AVEVA Group has seen a significant transformation over the past few years, primarily marked by its complete acquisition by Schneider Electric. This strategic move has redefined AVEVA's position within the industrial software sector.
| Event | Date | Details |
|---|---|---|
| Acquisition of remaining shares | January 18, 2023 | Schneider Electric acquired the remaining approximately 40% of AVEVA shares for $4.4 billion, valuing the company at around $10.8 billion. |
| Delisting from LSE | January 19, 2023 | Following the full acquisition, AVEVA was delisted from the London Stock Exchange. |
This acquisition has positioned AVEVA as a wholly-owned subsidiary of Schneider Electric, a development that is expected to accelerate its shift towards a subscription-based, cloud-native Software as a Service (SaaS) model. Schneider Electric has indicated its commitment to maintaining AVEVA's operational independence, continued investment in research and development, and its distinct software strategy. This consolidation aligns with a broader industry trend where companies are integrating energy and process data with software solutions to enhance efficiency, sustainability, and carbon neutrality for their clients.
Market Leadership Recognition
In 2024, AVEVA was recognized as a leader in the IDC MarketScape for Worldwide Manufacturing Execution Systems. This assessment highlights the company's strong standing in the competitive industrial software market.
Sustainability Focus
AVEVA's 2024 Sustainability Report detailed a significant 93% reduction in Scope 1 and 2 emissions. This achievement was largely driven by the adoption of renewable energy sources and improvements in fleet efficiency.
Strategic Alignment
Under its new ownership, AVEVA continues to prioritize cloud adoption and the development of integrated industrial solutions. This strategic direction is crucial for meeting evolving market demands for digital transformation.
Ownership Evolution
The complete acquisition by Schneider Electric marks a new chapter for AVEVA, transitioning it from a publicly traded entity to a private subsidiary. This move influences its Mission, Vision & Core Values of AVEVA Group and its future strategic initiatives.
AVEVA Group Porter's Five Forces Analysis
- Covers All 5 Competitive Forces in Detail
- Structured for Consultants, Students, and Founders
- 100% Editable in Microsoft Word & Excel
- Instant Digital Download – Use Immediately
- Compatible with Mac & PC – Fully Unlocked
- What is Brief History of AVEVA Group Company?
- What is Competitive Landscape of AVEVA Group Company?
- What is Growth Strategy and Future Prospects of AVEVA Group Company?
- How Does AVEVA Group Company Work?
- What is Sales and Marketing Strategy of AVEVA Group Company?
- What are Mission Vision & Core Values of AVEVA Group Company?
- What is Customer Demographics and Target Market of AVEVA Group Company?
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.