The story
Jeumont-Schneider was formed in 1964 through a merger of FACEJ (Forges et Ateliers de Construction Electriques de Jeumont) and Matériel Electrique S-W (Schneider-Westinghouse).
The company had activities in electric motors and other power electrical equipment, industrial controls and automation, hydraulic pumps, and included equipment for the nuclear industry.
In 1986, the company divested its loss-making railway traction activities to Alstom. The group's telephony business, unsuccessful in comparison to Matra, was sold to Bosch in 1988.
In 1992, the activities of Jeumont-Schneider Industrie relating to nuclear power were taken over by Framatome. Other activities of the group: Jeumont Schneider Industrie and the division Jeumont-Schneider Automation went into joint management by Framatome and Alstom-Alcatel; the division were renamed Jeumont Industrie and Jeumont Automation.
From Wikipedia’s article on Jeumont-Schneider, shared under CC BY-SA 4.0.3