AURELIUS Acquires Landis+Gyr's EMEA Operations

AURELIUS has finalized its acquisition of Landis+Gyr's extensive Europe, Middle East, and Africa (EMEA) business segment. This strategic move, officially concluded with economic impact as of March 31, 2026, follows regulatory approvals and customary closing conditions after its initial announcement in September 2025. The transaction encompasses a comprehensive suite of smart metering solutions for residential and industrial electricity, gas, thermal, and water applications, alongside integrated software and services. This significant deal also includes five manufacturing facilities and approximately 2,800 employees across the EMEA region.

The divestiture represents a pivotal moment for Landis+Gyr, enabling the company to sharpen its strategic focus on the Americas and Asia Pacific markets. These regions are identified as key growth areas where Landis+Gyr holds dominant market positions and observes escalating demand for advanced software, services, and grid-edge intelligence. CEO Peter Mainz emphasized that the transaction ensures operational continuity for customers and employees within the EMEA territory while simultaneously bolstering long-term value creation for all stakeholders.

Proceeds generated from this divestiture are earmarked for shareholder returns through Landis+Gyr's ongoing share buyback program, initiated in October 2025. This approach aims to enhance shareholder value while preserving a robust balance sheet and maintaining financial agility to pursue future growth opportunities. The company's commitment to strategic capital allocation underscores its forward-looking approach to market leadership and innovation in the energy technology sector.

The acquired EMEA operations from Landis+Gyr position AURELIUS to further strengthen its portfolio in the critical smart metering and energy management sector. This market is experiencing substantial growth, driven by regulatory mandates for smart grid deployment, increasing demand for energy efficiency, and the broader transition towards sustainable energy systems. The integration of these assets is expected to yield significant synergies and expand AURELIUS's footprint in a vital European industrial segment.

Landis+Gyr, a global leader in energy technology, is dedicated to advancing the energy evolution through intelligent innovation and collaborative partnerships. The company's solutions are trusted by over 3,500 utilities worldwide, transforming conventional infrastructure into intelligent, networked systems that provide real-time grid visibility and control. This enables utilities to better anticipate demand, optimize operations, and deliver more reliable, resilient, accessible, safe, and sustainable energy.

The smart metering market, a core component of this transaction, is projected to see continued expansion. Industry analysts forecast significant investment in smart grid technologies globally, with Europe being a primary driver due to ambitious decarbonization targets and the need for modernized energy infrastructure. The acquisition by AURELIUS taps into this dynamic market, promising further development and innovation within the acquired business units.