Linklaters advises Landis + Gyr on the sale of EMEA business to Aurelius
Linklaters has advised Landis + Gyr Group AG on the sale of its operations in the Europe, Middle East and Africa (EMEA) region to private equity investor Aurelius. Landis + Gyr is a global provider of integrated energy management solutions.
The transaction encompasses the full metering portfolio for residential electricity, ICG electricity, gas, thermal, water, as well as the related integrated solutions for software and services, which in financial year 2024 generated net revenues of approximately USD 600 million. The divestment includes five production sites across the region and involves a workforce of approximately 2,700 employees.
The transaction is subject to customary regulatory approvals and other closing conditions and is expected to close in Q2 2026. With respect to France, while Aurelius has formally offered to acquire the French business, its inclusion within the scope of the transaction perimeter remains subject to the completion of the works council consultation and acceptance of the offer by Landis+Gyr.
The Linklaters team is led by Claudia Schneider (Partner) and Staffan Illert (Partner, both Corporate / M&A, Dusseldorf). Other team members include Dr. David-Julien dos Santos Goncalves (Partner, Antitrust & Foreign Investment, Dusseldorf), Matthew Devey (Partner, Employment, Frankfurt), Géric Clomes (Partner, Employment, Paris), Dr. Bolko Ehlgen (Partner, IP, Frankfurt), Dr. Ingo Klauß (Counsel, Antitrust & Foreign Investment, Dusseldorf), Mikhail Fufaev (Managing Associate, Corporate / M&A, Dusseldorf), Valentine Charrier (Managing Associate, Employment, Paris), Dr. Marco Kretzschmar, Christoph Dornbach, Dr. Dimitrij Voronov (all Associate, Corporate / M&A, Dusseldorf), Sinan Günebakan, Dr. Alexander Fuchs (both Associate, Antitrust & Foreign Investment, Dusseldorf), Juliane Kwasniok (Associate, Employment, Frankfurt), Simone Rohr (Associate, IP, Frankfurt), Nursel Tevetoglu (Senior Legal Project Manager, Legal Operations, Frankfurt) and Clara Raschewski (Senior Legal Technology and AI Advisor, Legal Operations, Berlin).
