Firm Matters
Khaitan and Co, alongside Linklaters LLP, advised Landis+Gyr AG on the divestiture of its EMEA business in India to AURELIUS Group (AURELIUS), a global alternative investment firm. The global transaction involved the carve-out and transfer of EMEA operations, encompassing the full metering portfolio for residential electricity, ICG electricity, gas, thermal and water, as well as the related integrated software and services solutions, together with five production sites and approximately 2,800 employees across the region, enabling Landis+Gyr Group AG to streamline its operations and sharpen its strategic focus on its core energy management and smart metering solutions business.
Landis+Gyr Group AG, headquartered in Cham, Switzerland, is a global leader in energy management solutions, providing integrated hardware, software, and services for the management of energy across the grid.
AURELIUS is a global alternative investor, distinguished and widely recognised for its operational approach. It focuses on Private Equity, Private Debt and Real Estate. Its key investment platforms include AURELIUS Opportunities V, AURELIUS European Opportunities IV, AUR Portfolio III and AURELIUS Growth.
The transaction successfully closed on 31 March 2026. We extend our sincere appreciation to the exceptional in-house team at Landis+Gyr AG for their invaluable guidance and steadfast support throughout the transaction.
Deal Team
The core team consisted of Rabindra Jhunjhunwala (Senior Partner), Roshnek Dhalla (Partner), Sayani Bhattacharyya (Principal Associate), Bishesh Joshi (Associate), and Apurva Singhi (Associate)
The deal was assisted by:
Employment Labour & Benefits: Deepak Kumar (Partner) and Akshita Sharma (Associate)
Indirect Tax: Mayank Jain (Partner) and Pranay Sahay (Principal Associate)
Competition / Antitrust: Anshuman Sakle (Partner) and Soham Bannerjee (Counsel)
