M&A Deal Summary

Landis+Gyr AG Acquires Enermet Oy

On January 1, 2006, Landis+Gyr AG acquired electrical equipment company Enermet Oy from IK Partners

Acquisition Highlights
  • This is Landis+Gyr AG’s 1st transaction in the Electrical Equipment sector.
  • This is Landis+Gyr AG’s 1st transaction in Finland.

M&A Deal Summary

Date 2006-01-01
Target Enermet Oy
Sector Electrical Equipment
Buyer(s) Landis+Gyr AG
Sellers(s) IK Partners
Deal Type Add-on Acquisition

Target

Enermet Oy

Jyskä, Finland
Enermet Group Oy provides energy metering and electricity meters.

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Buyer(S) 1

Buyer

Landis+Gyr AG

Zug, Switzerland

Category Company
Founded 1896
Sector Communications
Employees5,000
Revenue 1.5B USD (2010)
DESCRIPTION

Landis & Gyr (Europe) AG develops and manufactures payphones and remote transaction systems for payphone operators, site providers, and equipment integrators.


DEAL STATS #
Overall 1 of 2
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-10 Ecologic Analytics

Bloomington, Minnesota, United States

Ecologic Analytics LLC is a provider of meter data management systems (MDMS) for electric, natural gas and water utilities. The Ecologic MDMS continuously validates more than 500-million meter reads every day for Smart Grid leading utilities, transforming the data consumed from advanced metering infrastructure (AMI)/smart meter endpoints into accurate, timely and actionable information for decision making across the utility.

Buy -

Seller(S) 1

SELLER

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

IK Partners is a private equity firm that targets control investments in lower middle-market to large-sized companies throughout Europe. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The Firm looks to commit €10 to €300 million of equity capital per transaction and targets companies with strong cash-flows. IK Investment Partners was formerly known as Industry Kapital. IK Partners was formed in 1989 and is based in London, England.


DEAL STATS #
Overall 35 of 122
Sector: Electrical Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 14 of 44
Country: Finland M&A 6 of 9
Year: 2006 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-12 VSM Group AB

Huskvarna, Sweden

VSM Group produces top-of-the-line household sewing machines with related accessories and software. The company?s two brands, Husqvarna Viking and Pfaff, have their own unique and separate product lines. With sales subsidiaries in 15 countries, VSM Group employs some 2,250 people.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-01 Sportgroup

Burgheim, Germany

Sportgroup is a manufacturer of artificial turf systems and synthetic floor coverings in the sport and leisure sector. Its comprehensive product range includes artificial turf, running tracks and polyurethane surfaces as well as components for sporting, industrial and leisure facilities. Sportgroup is based in Burgheim, Germany.

Buy -