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History

Landis+Gyr was founded in 1896 as Theiler & Co. in Zug, in the canton of Zug, Switzerland, by technician Richard Theiler and entrepreneur Adelrich Gyr.² It began by manufacturing electricity meters that were developed by Theiler.³ Heinrich Landis joined the business in 1903,⁴ acquired it in 1904 and introduced Karl Heinrich Gyr as a partner in 1905, renaming it Landis & Gyr.⁵ The company benefited from the rise of the electronics industry and expanded abroad over the following years.⁶ By 1914, when it was made a joint-stock company, it was the largest employer in the canton of Zug, with over 800 employees.⁷

In the 1920s, Landis & Gyr opened offices in New York City and Australia and took over competitors to form a global technology group.⁸⁹ From the 1930s, the company diversified with telemetry and remote control products.¹⁰ After leadership struggles in the 1950s, a new management reorganized the financing and accounting and converted Landis & Gyr into a holding company.¹¹ The range was expanded to include service machines, air conditioning and ventilation products.¹² Landis & Gyr increased its personnel, with 14,000 employees around 1970 (5,200 of them in Zug).¹³

From the mid-1970s and especially after 1984, the group was frequently restructured.¹⁴ In 1987, Landis & Gyr was acquired by Stephan Schmidheiny, who sold it to Elektrowatt in 1995.¹⁵ In 2002, it was part of Siemens Building Technologies. The company was also known for producing optical phone cards until 2006. Landis+Gyr phone cards were used in many countries such as Israel, Belgium, Switzerland and more.¹⁶

In 2020, Landis+Gyr moved from its historic site in Gubelstrasse, Zug to its new headquarters in Cham, Switzerland.

In 2024, Landis+Gyr's sustainability efforts received were recognized with the prestigious EcoVadis Platinum rating, placing the company among the top 1% of companies evaluated globally. This recognition underscores the company’s strong commitment to sustainability and the successful integration of sustainable practices across its business operations¹⁷.

Ownership and acquisitions

• 1976 – Landis+Gyr acquired Duncan Electric Company of Lafayette, Indiana.
• 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, adding electronic products.
• Late 1990s – In the late 1990s, Landis+Gyr went through a series of different investors and owners, amongst them Elektrowatt, KKR and Siemens.
• 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. An organizational realignment took place under Bayard Capital's ownership. The company moved to a regional structure, assigning regional corporate structures for North America; South America; UK/Pre-Payment; Europe; and Asia Pacific.
• 2006 – Landis+Gyr acquired Finnish Enermet Group, and also Hunt Technologies and Cellnet Technologies, both of which are from the United States.
• 2011 – Landis+Gyr was acquired by Toshiba Corporation of Japan for US$2.3 billion.
• 2017 – On July 21, 2017, Landis+Gyr listed its shares (ticker symbol: LAND) on the SIX Swiss Exchange.
• 2021 – Landis+Gyr acquired various companies in the field of cyber-security software (Rhebo), the EV market (Etrel, True Energy) or in the smart metering area (Telia, Luna, completed in 2022).
• In 2023, Landis+Gyr also acquired Thundergrid New Zealand (EV infrastructure).

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 or are working with Landis+Gyr in deploying smart metering technology to energy consumers.

• Europe, Middle East & Africa: British Gas; National Grid; Iberdrola; EDF; E.ON; Israel Electric; Järvi-Suomen Energia Oy; Vattenfall; Eskom; RWE; Fluvius; EnBW; Enel; BKW; Romande Énergie; SEC.
• Asia Pacific: Energex; Ergon Energy; Ausgrid; Essential Energy; Western Power; ESTA; Genesis Energy Limited; Meralco; China Light & Power; Singapore Power; Tata Power; TEPCO.
• North America: Oncor Energy; Pacific Gas and Electric; Hydro-Québec; AEP Texas.
• South America: Copel; AES Eletropaulo; Ampla – Enel/ENDESA Group; Light; CEMIG; National Electricity Administration, Paraguay (ANDE); Cooperativa Regional de Electricidad, Bolivia (CRE); EDESUR - Enel/ENDESA Group (Argentina); CODENSA – Enel/ENDESA Group (Colombia).

Criticism

• In 2016, Phil Mocek of MuckRock started investigating a project in which Landis+Gyr was involved.¹⁸ After Mocek received the requested information, Landis+Gyr followed up by filing a lawsuit demanding the documentation not be made public.¹⁹

References

1. "Annual Report 2024 | Landis+Gyr". investors.landisgyr.com. Retrieved 2025-06-03. https://investors.landisgyr.com/annual-report/2024/ ↩

2. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

3. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

4. Renato Morosoli: Heinrich Landis in German, French and Italian in the online Historical Dictionary of Switzerland, 11 November 2008. http://www.hls-dhs-dss.ch/textes/d/D31498.php ↩

5. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

6. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

7. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

8. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

9. "History Siemens Building Technologies". Buildingtechnologies.siemens.com. 1998-10-01. Retrieved 2012-12-17. https://www.buildingtechnologies.siemens.com/bt/global/en/about-us/Pages/about-us.aspx?tabcardname=History# ↩

10. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

11. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

12. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

13. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

14. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

15. Renato Morosoli: Landis & Gyr in German, French and Italian in the online Historical Dictionary of Switzerland, 7 December 2019. http://www.hls-dhs-dss.ch/textes/d/D41874.php ↩

16. "History Siemens Building Technologies". Buildingtechnologies.siemens.com. 1998-10-01. Retrieved 2012-12-17. https://www.buildingtechnologies.siemens.com/bt/global/en/about-us/Pages/about-us.aspx?tabcardname=History# ↩

17. Lüthy, Prachi (2024-09-26). "Landis+Gyr Awarded EcoVadis Platinum Medal for Outstanding Sustainability Performance". Landis+Gyr. Retrieved 2025-06-10. https://www.landisgyr.eu/news/landisgyr-awarded-ecovadis-platinum-medal-for-outstanding-sustainability-performance/ ↩

18. "Public Records Request: Smart meter security audit plans schedules proposals contracts discussion results (Seattle)". 12 April 2016. Retrieved 2016-05-26. https://www.muckrock.com/foi/seattle-69/smart-meter-security-audit-plans-schedules-proposals-contracts-discussion-results-seattle-10378/#comms ↩

19. "A multinational demands to know who reads MuckRock". 25 May 2016. Retrieved 2016-05-26. https://www.muckrock.com/news/archives/2016/may/25/multinational-demanding-know-who-reads-muckrock-an/ ↩