Merlin Gerin moving to the Schneider Electric flagship brand. With multiple objectives, this operation will be rewarding for Schneider Electric as well as partners and customers once it is complete. Visibility for our products and services will be increased in a highly competitive market. It will also be much easier and more effective to develop packaged solutions that include products across our former brands. Finally, the simplicity of dealing with a single supplier for every element of a complex solution makes commissioning, fault-finding and problem-solving a great deal easier.