Schneider Electric /
Shelly Group
Dimitar Dimitrov built Shelly into an SDAX IoT platform out of Sofia.
What happened
Schneider Electric just put about $80 a share on the table. [01]
Schneider Electric intends a voluntary cash tender for Shelly Group at about $80 per share, valuing Shelly at about $1.4 billion equity, a 27% premium to the unaffected reference, Shelly IR said Sept. 24, 2026. [01]
Dimitar (~29%) tenders and rolls some proceeds; co-founder Svetlin Todorov (~28%) exits in two tranches. Dimitar stays Co-CEO with Wolfgang Kirsch. Close aimed at Q1 2027 if regs clear and 95% accept. [01]
Who is involved, and the source
The images posted with the deal. Everything on this page comes from the @carrywatch post below.
Dimitar Dimitrov built Shelly into an SDAX IoT platform out of Sofia.
This post is the source for the companies, stage, figure and people on this page.
Open the post on XWhere the deal stands
Agreement signed, as posted
Schneider Electric / Shelly Group deal (Agreement signed, posted 27 Sep 2026).
Source
Deal Web
Every firm and person on this deal, and how they connect. Open any name to see their other deals.
Deal Web as a list
- Schneider Electric (Buyer) buyer this deal. Schneider Electric: 1 deal on Carrywatch.
- Shelly Group (Target) target this deal. Shelly Group: 1 deal on Carrywatch.
- Dimitar Dimitrov (Co-founder & Co-CEO, Shelly Group) named in post this deal. Dimitar Dimitrov: named in 1 post on Carrywatch.