Lenz & Staehelin advises Latour Capital on the acquisition of Gutor

Latour Capital successfully completed its acquisition of Gutor Electronic from Schneider Electric SE. This transaction is part of Schneider Electric’s asset divestment plan.

Headquartered in Wettingen, Switzerland, Gutor is the world leading manufacturer of UPS for industrial applications. UPS systems ensure operational continuity during power outages and contribute to the safety of the most critical installations, such as nuclear power plants, power generation, rail signaling, oil platforms, refineries, mines, chemical industry, and data centers. Gutor employs more than 500 people worldwide, with three production sites located in Switzerland, Malaysia, and China. The group generated €130 million revenue in 2021.

Latour Capital is an independent French private equity firm with an entrepreneurial culture and a strong operational experience. With over €2.6 billion of assets under management, Latour Capital is an active shareholder, strongly involved in its portfolio companies alongside management teams. They mainly invest in companies with strong growth potential, both in France and abroad.

Lenz & Staehelin advised Latour Capital on the Swiss legal aspects of this transaction and its financing, with Cleary Gottlieb being lead counsel. The team was led by partner Roman Graf (corporate and m&a, pictured) and included Clément Bouvier and Natalia Muradova (both financing), Maximilien De Ridder (tax), David Di Rosa (corporate and m&a), as well as Lukas Christoph Schenk (financing) and Ramona Krause (corporate and m&a), among others.