Landis+Gyr

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Landis+Gyr AG
Subsidiary
Industry Electronics
Founded Zug, Switzerland (1896; 128 years ago (1896))
Founder Richard Theiler
Headquarters Zug, Switzerland
Number of locations
 72 sites in 31 countries (of which 18 are manufacturing locations)
Area served
 Worldwide
Products
Services Metering
Revenue US$ 1.519 billion
Number of employees
 5,700
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 Company, 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 Limited in 1940 Landis+Gyr expanded into fire safety products. Cerberus was later acquired by Elektrowatt Limited, and is today a part of Siemens Building Technologies. The company is also known for producing optical phone cards until 2006.Phone cards of Landys+Gyr were used in many countries such as Israel, Belgium, Switzerland and more.[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). The current CEO and President of Landis+Gyr is Andreas Umbach, once recognized in the Top 40 Most Influential People in European Smart Grid by Metering International.[4]

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 E450 G3 1-Phase Smart Electricity Meter
Landis+Gyr S650 SCADA Smart Grid Terminal

Recognition & Awards

  • Greentech Media's Grid Edge 20.[5]
  • Frost & Sullivan Global AMI Company of the year for 2014.[6]
  • Greentech Media's Grid Edge 20.[7]
  • Frost & Sullivan Global AMI Company of the year for 2013.[8]
  • 2013 IBM Beacon Award for Best Industry Solution for Energy & Utilities.[9]
  • 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.[10]
  • 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.[11]
  • 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.[12]
  • 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.[13]

Criticism

Smart metering is opposed by some, and as developer of such meters Landis+Gyr is met with criticism.

  • In 2016, Phil Mocek of MuckRock started investigating [14] a project in which Landis+Gyr was involved. After Moce received the requested information, Landis+Gyr followed up by filing a lawsuit [15] demanding the documentation not be made public.

References

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