AURELIUS to purchase Landis+Gyr’s EMEA metering business

AURELIUS has recently finalized an agreement to acquire Landis+Gyr’s EMEA metering business. Valued at $215 million, this transaction includes the full metering portfolio for residential electricity, ICG electricity, gas, thermal, as well as related integrated solutions for software and services and operations in Europe, the Middle East, and Africa.

Landis+Gyr EMEA has a long-standing history dating back over a century, characterized by Swiss precision engineering. Known for their high-quality products, the company has established a reputable presence in the market. AURELIUS recognizes the potential for growth within Landis+Gyr’s diverse portfolio and regional reach. To support the business post-acquisition, AURELIUS will leverage its internal operations advisory team, AURELIUS WaterRise, to guide and enhance Landis+Gyr EMEA’s operations. This strategic approach aims to maximize the business’s standalone potential by implementing key strategies and collaborating closely with management to boost revenues and improve profitability.

Fabian Steger, Managing Director of AURELIUS Funds IV and V, expressed his satisfaction with the firm’s continued success in identifying and pursuing compelling investment opportunities despite the challenging mergers and acquisitions landscape. The acquisition of Landis+Gyr’s EMEA division is a testament to AURELIUS’s commitment to strategic growth through targeted transactions.

Franz Woelfler, Partner at AURELIUS Investment Advisory, highlighted the favorable market trends benefiting Landis+Gyr’s EMEA business. AURELIUS is eager to collaborate with the company’s management and skilled workforce to unlock its full potential and contribute to a more sustainable future through innovative technology solutions.

The completion of the transaction is subject to regulatory approvals and other customary closing conditions, with an expected closing date in the second quarter of 2026. A team of reputable advisors guided AURELIUS throughout the acquisition process, including Alantra for M&A, Baker McKenzie for legal counsel, EY for financial and tax services, Roland Berger for commercial insights, Aon for insurance considerations, and Haver & Mailänder for antitrust matters.

A globally recognized private equity investor, AURELIUS is renowned for its operational approach and focus on private markets, particularly in Private Equity and Private Debt. With key investment platforms such as AURELIUS Opportunities V, AURELIUS European Opportunities IV, AUR Portfolio III, and AURELIUS Growth Investments (Wachstumskapital), AURELIUS has expanded its global presence and currently employs over 400 professionals across nine offices in Europe and North America.

AURELIUS’s investment strategy is centered around complex investments with operational enhancement potential, including carve-outs, platform expansions, or succession solutions. With a robust track record of over 300 completed transactions, AURELIUS remains dedicated to delivering favorable returns to its investors through a steadfast commitment to operational excellence and efficient execution of intricate deals. For more information, visit www.aurelius-group.com.