Updated:
Landis+Gyr AG
Landis+Gyr AG is the world's largest electricity meter manufacturer, founded in 1896 and headquartered in Zug, Switzerland.
Landis+Gyr AG
Landis+Gyr AG was founded in 1896 in Switzerland as a manufacturer of electrical metering equipment, evolving into a global leader in smart grid technology. The company's roots trace to Swiss industrial inventor Richard Theiler, and it has been publicly traded since 2017 on the SIX Swiss Exchange. The firm designs, manufactures, and deploys smart meters, grid sensors, and energy-management software for utilities and industrial customers. Its portfolio includes advanced metering infrastructure (AMI), distributed energy resource management, and electric-vehicle charging integration. Confirmed deployments span North America, Europe, the Middle East, and Asia-Pacific, with key utility contracts in the United States, Canada, and the UAE (per public records, 2023). Landis+Gyr operates from headquarters in Zug, Switzerland, with additional offices in Montreal, Paris, and Muscat. As of 2024, the company employed approximately 7,000 people globally. Its parent ownership includes Toshiba Corp., which held a majority stake from 2011 to 2022, when the firm completed an IPO and Toshiba reduced its holding. The firm sponsors the Landis+Gyr Foundation, focused on energy-access education (per the foundation's website). In August 2023, Landis+Gyr announced a partnership with Google Cloud to develop AI-driven grid analytics (per the firm, August 2023). A structural differentiator is Landis+Gyr's position as a publicly traded pure-play metering and grid-software company, unlike peers that are divisions of larger conglomerates. This standalone structure allows it to reinvest revenue directly into R&D and cross-border utility contracts, giving it a distinct market posture.
General information
Firm type
Asset Manager
Year founded
1896
AUM
Undisclosed
Location
Region
North America
Country
Switzerland
City
Zug
Corporate office
Zug, Switzerland
Additional offices
Montreal, Canada · Paris, France · Muscat, Oman
Principals
Werner Lieberherr
CEO
Malte Rau
CFO
Sector focus
Frequently asked questions
Who runs investment decisions at Landis+Gyr AG?
The company is led by CEO Werner Lieberherr, who has been in the role since 2017. CFO Malte Rau oversees financial strategy. Capital allocation decisions are made by the executive board, with strategic guidance from the board of directors, which includes representatives from major shareholder Toshiba Corp. (per the firm's annual report, 2024).
How does Landis+Gyr source proprietary deal flow?
Landis+Gyr sources opportunities through direct relationships with utilities, government energy agencies, and grid operators, primarily via competitive bidding processes. Its global sales force and R&D partnerships with technology firms like Google Cloud provide additional proprietary access to smart grid projects (per the firm's investor presentation, 2023).
Is Landis+Gyr structured as a single family office or does it operate more like a venture firm?
Landis+Gyr is a publicly traded corporation (listed on the SIX Swiss Exchange under the ticker LAND), not a family office or venture firm. It operates as an industrial technology company focused on meter manufacturing and energy software, with capital expenditures directed toward R&D and production facilities rather than external investments.
What investment stages does Landis+Gyr typically target?
As an operating company, Landis+Gyr does not target investment stages in the traditional venture sense. Its capital deployment focuses on organic R&D, strategic acquisitions of complementary technology firms, and long-term contracts with utility customers for smart meter deployment and grid modernization projects.
Which sectors does Landis+Gyr explicitly avoid?
Landis+Gyr concentrates on the smart grid and energy management sector and does not participate in general technology venture capital, private equity, or real estate. The firm does not invest in upstream oil and gas, nor in consumer-facing energy products beyond metering.
How is Landis+Gyr related to Toshiba?
Toshiba Corp. held a majority stake in Landis+Gyr from 2011 until the firm's IPO in 2017. Post-IPO, Toshiba reduced its holding but remains a significant shareholder, with representation on the board. The relationship provides Landis+Gyr with access to Toshiba's technology and distribution channels in Japan and Asia (per public filings, 2023).
Does Landis+Gyr maintain philanthropic structures, and how are they separated?
Yes, Landis+Gyr operates the Landis+Gyr Foundation, which focuses on energy-access education and grid-literacy programs in underserved regions. The foundation is funded through corporate donations and is legally separated from the company's commercial operations, with an independent board (per the foundation's website, 2024).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: