Landis Gyr
Landis Gyr (earlier spelling Landis & Gyr ), headquartered in train is an internationally active Swiss manufacturer of meters and associated systems for the measurement of energy consumption.
The company develops, manufactures and markets under the brands Ampy Metering, Ampy email, Hunt Technologies, Cellnet and Landis Gyr electronic and electromechanical residential meters, commercial and industrial meters, high precision meter, smart meters, communication units for industrial and precision counters, refrigeration and heat meters and AMR and AMI solutions. Landis Gyr is in the field of energy measurement technology world market leader.
Consisting of 45 companies in 30 countries, group of companies employs more than 5,000 people and generated 2008 sales of 1.364 billion U.S. dollars.
History
The company was founded in 1896 by Richard Theiler and Adelrich Gyr in train under the name " Electro Technical Institute Theiler & Co. " and introduced electricity meters and Telefoninduktoren and phonograph ago. In the years 1904 and 1905, the company executed a change of ownership. While Theiler withdrew, the engineer Heinrich Landis took over the business with Karl Heinrich Gyr as a partner. The then 55 employees, the company was first renamed accordingly in " Heinrich Landis, formerly Theiler & Co. " and 1905 in " Landis & Gyr ".
With the rapidly developing electrical industry and the associated high demand for electricity meters operating learned in the follow strong growth, which led to the expansion into other European countries. 1914, now has 500 employees, the Landis & Gyr was converted into a public limited company.
After the end of World War I, the company expanded to the United States and Australia. The international growth was driven, among others, also through acquisitions. 1924 was one of Landis & Gyr in train a workforce of 1,100 people. From the 1930s, the production was extended to other products of Telemetering and telecontrol engineering and heat engineering control.
1956 took over with Andreas Brunner and Gottfried Straub two members of the family Gyr corporate management. This regulated the finance and accounting new, the company opened for public shareholders and expanded the activities to service machines, and products of the climate and ventilation technology. The annual turnover is now at 80 million Swiss francs. The number of employees grew from the time around 7800 to around 1970 to about 14,000 employees, 5,200 of them in train.
1976 acquired Landis & Gyr in the United States specializing in counter current U.S. " Duncan Electronics ». At this time counted Landis & Gyr 15'500 employees worldwide and an annual turnover of 900 million Swiss francs. This was also the temporary climax of the recent growth of the company dar.
From the mid- 1970s, but especially after the resignation of Brunner and Straub 1984, the Group restructuring and downsizing had to go through several times. In 1987, Landis & Gyr into the possession of Stephan Schmidheiny, who sold the company in 1995 to electrical watts. This, in turn, went 1998 on the property of Siemens, which merged Landis & Gyr with their own meter division to " Siemens Metering AG » in train.
2002, Siemens decided to withdraw from the measurement business and sold its majority stake to private equity firm Kohlberg Kravis Roberts & Co.. Linked to this was also renamed to the original name, " Landis Gyr ." From 2004 and successfully completed the turnaround there was Landis Gyr in the possession of the Australian investment company " Bayard Capital ».
2011 Landis Gyr was acquired for $ 2.3 billion from Toshiba.