NKF with Aurelius on EMEA metering business acquisition from Landis+Gyr

Niederer Kraft Frey (NKF), alongside lead advisor Goodwin Procter, advised private equity investor Aurelius on the financing of the acquisition of the EMEA metering business from SIX Swiss Exchange-listed Landis+Gyr, a globally active provider of integrated energy management solutions. The transaction closed recently for an enterprise value of USD 215 million.

The transaction relates to the acquisition of Landis+Gyr’s operations in Europe, the Middle East and Africa. With approximately 2,700 employees across multiple production sites, the business generated revenues of more than USD 600 million in the financial year 2024.

The legal team

Transaction partners Philip Spoerlé (pictured left) and Adrian Koller (pictured right) led the NKF team on the matter, working with associate Carlotta Ulmer, junior associate Matthias Schmidt (both transactions), and counsel Marc Vogelsang (tax).

Munich-based Winfried Carli and Marius Garnatz Maskus (both finance/private equity) led the Goodwin Procter team.