Landis+Gyr

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Landis+Gyr AG
Type private
Industry Energy meter, Heat meter, Gas meter, Smart meter, Smart grid
Founded Zug, Switzerland 1896 (1896)
Founder(s) Richard Theiler
Headquarters Zug, Switzerland
Number of locations 72 sites in 30 countries (of which 18 are manufacturing locations)
Area served Worldwide
Products Gridstream®
Services metering
Revenue US$ 1.67 billion
Employees 5,300
Parent Toshiba
Website www.landisgyr.com

Landis+Gyr, is a multinational corporation with 45 companies in over 30 countries and headquartered in Zug, Switzerland focused on metering and other technologies which deal with management of energy.

In 2011 Landis+Gyr was purchased by Toshiba Corporation of Japan for USD$2.3 Billion.[1]

History [2]

Landis+Gyr was originally known as Electrotechnisches Institut Theiler and Co., established in 1896. In 1905 it was renamed in Landis & Gyr, after Heinrich Landis and Karl Heinrich Gyr, who followed the Founder Richard Theiler as managers. Landis+Gyr has been designing and manufacturing a range of metering products, systems and services for electricity, heat and gas to energy utilities around the world. In 1924 Landis+Gyr experienced global expansion by opening its first overseas offices in New York and Australia. Besides metering products, with the foundation of Cerberus Ltd. in 1940 Landis+Gyr expanded into fire safety products. Cerberus was later acquired by Elektrowatt Ltd. and is today a part of Siemens Building Technologies.[3]

Acquisitions

2011 - Landis+Gyr was acquired by Toshiba Corporation of Japan for USD$2.3 Billion.

2006 - Landis+Gyr acquired Finnish Enermet Group together with Hunt Technologies and Cellnet Technologies both of whom are from the United States of America.

2004 - Landis+Gyr was acquired by then Australia based, Bayard Capital for an undisclosed amount. Bayard Capital had already acquired the British metering company Ampy Automation-Digilog. As Bayard Capital continued to add other acquisitions to the Group, 2008 saw the Landis+Gyr name being extended to the whole Group in May 2008.

A notable organizational realignment took place under Bayard Capital’s ownership. The company moved to a regional structure aligning all activities in the regions, namely, North America; South America; UK/Pre-Payment; Europe; and Asia Pacific.

Late-1990s - In the late 1990s, Landis+Gyr went through a series of different investors and owners, amongst them, Elektrowatt, KKR and Siemens.

1987 - Landis+Gyr acquired MCC Powers of Chicago. MCC Powers had by then been a long established entity in the US building management market. Spurred by the liberalization and deregulation of global markets, Landis+Gyr re-oriented its business which saw the development and rollout of electronic products.

1976 – Landis+Gyr acquired Duncan Electronics of Lafayette, Indiana.

Corporate Affairs

Landis+Gyr, is an independent growth platform within the Toshiba Corporation functions with a board governance structure including representatives from the company's shareholders—Toshiba Corporation (60% ownership stake) and the Innovation Network Corporation of Japan (INCJ) (40% ownership stake).

Utilities

Various utilities have worked with Landis+Gyr in meeting their consumers' demand for energy management tools by rolling out smart meters. Below are some of the utilities that have worked with Landis+Gyr in deploying smart metering technology to energy consumers.

Landis+Gyr Industrial & Commercial E550 Meter
Landis+Gyr Dynamic Load Management L740 Meter

Recognition & Awards

  • Frost & Sullivan Global AMI Company of the year for 2013.[4]
  • 2013 IBM Beacon Award for Best Industry Solution for Energy & Utilities.[5]
  • Connected World's Top 100 Innovative Companies Recognition - Landis+Gyr was selected by Connected World magazine as one of the 100 top global companies that are demonstrating significant market traction and pursuing game-changing technologies in connectivity.[6]
  • RoSPA Gold Medal Award - Landis+Gyr UK Limited has been awarded 6 gold medals by the Royal Society for the Prevention of Accidents (RoSPA) for 6 consecutive years.[7]
  • Global Cleantech 100 Award – In 2010 Landis+Gyr was listed on the 2010 Global Cleantech 100 in recognition of the company’s past performance in delivering smart grid products and services as well as in recognition of expected impact in the energy industry over the coming years.[8]
  • Industry Week's Best Plants 2010 - The Landis+Gyr manufacturing plant in Reynosa, Mexico was selected as one of the 10 Best Plants in North America in 2010.[9]

References

  1. ↑ Alpeyev, Pavel (2011-05-19). "Toshiba to Buy Meter Maker Landis+Gyr for $2.3 Billion in Smart Grid Boost". Bloomberg.com. Retrieved 2012-12-17. 
  2. ↑ "History Landis+Gyr". Landisgyr.com. Retrieved 2012-12-17. 
  3. ↑ "History Siemens Building Technologies". Buildingtechnologies.siemens.com. 1998-10-01. Retrieved 2012-12-17. 
  4. ↑ "Frost & Sullivan 2013 Global Company of the Year Award Conferred on Landis+Gyr". Frost.com. Retrieved 2013-09-03. 
  5. ↑ "2013 Beacon Awards". IBM Partner World. Retrieved 2013-09-03. 
  6. ↑ "CW2013 100". connectedworldmag.com/. Retrieved 2013-09-03. 
  7. ↑ "Gold Medal Awards". Rospa.com. Retrieved 2012-12-17. 
  8. ↑ "2010 Global Cleantech 100". Cleantechblog.com. 2010-10-18. Retrieved 2012-12-17. 
  9. ↑ Minter, Steve (2010-12-14). "Industry Week Best Plants 2010". Industryweek.com. Retrieved 2012-12-17. 
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