Landis+Gyr has acquired Telia’s Automated Meter Reading Business in Finland to enhance its service capabilities and expand its managed services footprint in the EMEA region.

Target Information

Landis+Gyr, a global leader in energy management solutions, has acquired Telia’s Automated Meter Reading (AMR) Business in Finland. This strategic acquisition aligns with Landis+Gyr’s efforts to enhance its service offerings within the EMEA region. The transaction will ensure the continuity of service delivery to 23 utilities, who rely on Telia for meter reading and data collection services for over 950,000 residential smart meters.

As part of the deal, Telia's dedicated team of AMI service professionals will join Landis+Gyr, providing seamless transition and ongoing support to ensure that existing customers continue to receive high-quality services. Landis+Gyr’s robust service platform will enhance operational efficiencies and provide flexible options for future infrastructure adaptations, all while maintaining stringent data security standards.

Industry Overview

The energy industry in Finland is undergoing significant transformation as utilities seek to modernize their infrastructure to meet evolving demands and regulatory requirements. Adv