AURELIUS to acquire EMEA metering business from Landis+Gyr for $215m.

AURELIUS, a private equity firm, agreed to acquire EMEA metering business from Landis+Gyr, a renewable energy equipment company, for $215m. “I am pleased to see the momentum AURELIUS has built in a challenging M&A market, identifying many attractive carve-out opportunities and converting them into transactions. The acquisition of Landis+Gyr’s EMEA business is another example of this,” Fabian Steger, AURELIUS Managing Director.