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You are at:Home » Landis+Gyr completes divestiture of EMEA business
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Landis+Gyr completes divestiture of EMEA business

News RoomNews RoomApr 8, 2026 6:51 pm EDT0 ViewsNo Comments2 Mins Read
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Landis+ Gyr finishes divestiture of EMEA company – Benzinga

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CHAM, Switzerland, April 8, 2026/ CNW/– Landis+ Gyr Group AG (6: LAND), a worldwide energy innovation leader driving smart development throughout the grid, today revealed the effective conclusion of the divestiture of its Europe, Middle East and Africa (EMEA) company to AURELIUS.

The deal, which was revealed in September 2025, has actually now closed with financial result since March 31, 2026, end of day, following the complete satisfaction of traditional regulative approvals and closing conditions. As an outcome of the deal, AURELIUS has actually obtained Landis+ Gyr’s EMEA operations, incorporating the complete metering portfolio for property electrical power, ICG electrical power, gas, thermal and water, in addition to the associated integrated software application and services services, together with 5 production websites and around 2,800 workers throughout the area.

” The conclusion of this divestiture marks a substantial turning point in Landis+ Gyr’s tactical improvement, honing our concentrate on the Americas and Asia Pacific areas, where we hold leading market positions and see speeding up need for greater– worth software application, services and grid– edge intelligence services. The deal makes sure connection for consumers and workers in EMEA, while boosting long– term worth production for all stakeholders,” stated Peter Mainz, CEO of Landis+ Gyr.

Landis+ Gyr is a worldwide energy innovation leader providing smart services that link gadgets, information, and choices throughout the grid. Our objective is to speed up the energy advancement through purposeful development and relied on collaborations. Relied on by more than 3,500 energies worldwide, we change standard facilities into smart, networked systems that offer real-time grid presence and control. With these insights, electrical, gas and water energies can prepare for need, enhance operations, and provide energy that is more dependable, resistant, available, safe, and sustainable. For more details, please visit our site www.landisgyr.com.

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