Landis+Gyr Group AG has entered into a share purchase agreement to divest its EMEA operations to AURELIUS for USD 215 million, allowing the company to refocus on high-growth regions.
Target Information
Landis+Gyr Group AG (SIX: LAND), a prominent global provider of integrated energy management solutions, is set to divest its operations in the Europe, Middle East, and Africa (EMEA) region to AURELIUS. The share purchase agreement values this transaction at USD 215 million. This divestment is pivotal to Landis+Gyr's strategic direction, allowing the company to concentrate on enhancing its software and service offerings for its customers.
The transaction includes Landis+Gyr's comprehensive metering portfolio for residential electricity, ICG electricity, gas, thermal, and water, alongside their integrated software and service solutions. In the financial year 2024, these operations generated net revenues of around USD 600 million. Additionally, the divestiture comprises five production sites in the EMEA region and approximately 2,700 employees.
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Industry Overview in EMEA
The metering industry in the EMEA region is characterized by increasing demand for smart energy solutions, driven by the transition towards more renewable energy sources and improved energy efficiency
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AURELIUS
invested in
Landis+Gyr Group AG (EMEA operations)
in 2025
in a Buyout deal
Disclosed details
Transaction Size: $215M
Revenue: $600M
Enterprise Value: $215M
Multiples
EV/Revenue: 0.4x