This Research Note examines the acquisition of Ritto door entry systems by Comelit Group from Schneider Electric in July 2026.  We highlight the transaction details, Ritto’s development and Comelit’s financials and strategy, before assessing the rationale for the Schneider Electric divestment.  This article updates our coverage of Comelit in May 2024. Transaction Details The agreement to acquire the German Ritto brand from Schneider Electric was signed on 23rd January 2026, with the deal closing on 31st July 2026. The acquisition was financed through Comelit Group’s internal resources. Ritto Founded in Germany in 1976, Ritto specializes in door stations and intercom systems for residential, tertiary and commercial buildings. With revenues of more than €17 million, it is one of the leading players in the German door entry market, with a strong brand identity and an installed base of over 5 million residential units. The company was acquired by Schneider Electric in May 2007 when the French […]