Enterprising pioneers found an industrial manufacturing company in 1896
New business opportunities arise from the widespread supply of electricity to households at the end of the 19th century.
The enterprising pioneers, Richard Theiler and Adelrich Gyr-Wickart, recognise that the supplied energy must also be billed.
Together they found in Zug the “Electrotechnisches Institut Theiler & Co.” in 1896.
In the first company building, the “Theilerhaus”, about 30 employees produce electricity meters, as well as telephone inductors and phonographs, during the year 1900.
The first product: The “A” meter range
The type A three-phase electricity meter is introduced in 1896.
The meter uses the Ferraris measurement principle.
1,500 disc revolutions correspond to a consumption of 1 kilowatt hour.
Successful new partnerships
In 1904, the engineer Heinrich Landis joins the young company. He becomes a partner and the firm now operates under the name “Heinrich Landis, previously Theiler & Co.”.
Due to the great demand for electricity meters, in 1905 Heinrich Landis looks for a partner. He finds one in Dr. Karl Heinrich Gyr, who with visionary foresight lays the foundation for the successful future development of the company, which from 1905 operates under the “Landis & Gyr” name.
In the same year, the 55 employees achieve a turnover of 200,000 CHF.
Growth due to outstanding quality
The meters from Zug are of extraordinarily high quality right from the start, and meter extremely accurately.
After expansion within Europe and conversion to a limited-liability company, Landis & Gyr takes a first step overseas in 1924.
A sales organisation is set up in New York and a branch office opened in Melbourne, Australia.
The MF high-precision meter range
The MF range of high-precision meters is delivered from 1935.
These devices are wonders of precision engineering, and represent a milestone in technical development within the company.
1956 sees the founding of Landis & Gyr Holding AG.
The group makes its shares available to the public and publishes a first annual report.
The sons-in-law of Dr. Karl Heinrich Gyr take over management of the company. They lead the organisation with great enterprise and foresight, promoting its world wide expansion.
At the end of the 1950‘s, Landis & Gyr achieves a global turnover of 80 million CHF and has 7,800 employees.
Triumphant advance of electronics in the 1970‘s
Electronic measurement methods replace mechanical techniques at the start of the 1970’s.
Landis & Gyr, as technological leader, successfully develops new electronic meters with previously undreamt-of functionality: The ZFR1 is the first class 0.2 electronic meter with integrated signal processing.
Several strategically important company acquisitions additionally strengthen the position and importance of Landis & Gyr.
In 1971, the group celebrates its 75th anniversary.
A new brand in the group
In 1976, Landis & Gyr acquires the American metering company Duncan Electric, in Lafayette, Indiana.
This acquisition supports the increasing global growth of the group.
In 1976, the 15,500 employees worldwide achieve a turnover of 900 million CHF.
TARIGYR provides rate-dependent billing
In 1985, Landis & Gyr introduces TARIGYR, an innovative electronic metering register, which can be integrated into the existing meter range, or installed externally. The device has internal switching tables for flexible tariff changes, which were never possible with time switches, and records the energy consumed in all rates. Maximum demand calculations are made more flexibly than ever before.
The meter stores maximum demand and energy consumption values for 15 months. This important billing data can be read out simply from the meter.
1985: Optical interface simplifies meter reading
The ZMA 110m400 makes readout of the stored metering values simpler than ever before. Using an optical reading head, the data can be acquired by the meter reader much more quickly and comfortably.
Additionally, direct communication with the meter via the optical reading head reduces erroneous readings dramatically. The cost per meter reading is reduced dramatically.
Consolidation in the early 1990‘s
With the sale of their shares in the company, the heirs of Karl Heinrich Gyr withdraw from the business in 1987.
In the early 1990‘s, high cost pressures are also present in Landis & Gyr. At the same time, the group continues to internationalise the business.
In 1990, production of mechanical components is closed down throughout the group and device assembly is concentrated on a small number of regional production centres.
Landis & Gyr evolves into a market-oriented supplier of solutions for energy efficiency and building management.
In 1994, Landis & Gyr achieves a turnover of 2,900 million CHF and has 16,000 employees worldwide.
From 1992, Landis & Gyr makes a great innovation in industrial metering
The ZMB 410CT combimeter, delivered from 1992, measures active and reactive energy in all four energy quadrants.
The integrated communications unit provides an optical port and a 2-wire interface.
Its high measurement accuracy and revolutionary functionality, together with its outstanding reliability, make this industrial meter an export hit.
1996: Landis & Gyr is 100 years old and is acquired by the Elektrowatt group
Landis & Gyr celebrates its 100th anniversary in 1996.
During the anniversary year, the Swiss Electrowatt group acquires the majority of Landis & Gyr‘s shares.
Consolidation of the activities of the Building Control division of Landis & Gyr with those of Staefa Controls and the partnership with Cerberus results in considerable strengthening of the whole group.
The three business units Landis & Staefa, Landis & Gyr Utilities and Landis & Gyr Communications are integrated into the Electrowatt group.
A global market leader emerges
In 1998, the metering division of Siemens AG and Landis & Gyr Utilities are consolidated to form the newly founded Siemens Metering, with headquarters in Zug.
The merger of the worldwide second- and third-largest manufacturers leads to the formation of the global market leader for high-quality electricity meters.
Between 1999 and 2001, Siemens Metering reduces the global over-capacity in development and production caused by consolidation of the previously competitive organisations.
Multiple communication variants for ZMD 405CT
The ZMD 405 CT is very talented in communication! It can be read out via RS485, PSTN, GPS/GPRS, M-Bus and Ethernet.
Dependent on requirements, various communications modules can be installed. This provides maximum flexibility.
The “new” Landis+Gyr
In Summer 2002, Siemens withdrew from the metering business.
The majority of the shares in the metering business are acquired by the American investment group KKR. After a strategic re-orientation, the group concentrates its activities on the metering business.
Beginning in November 2002, the organisation again operates under the Landis+Gyr name. The Landis+Gyr group, consisting of 26 independent units worldwide, thus continues what was started by Richard Theiler in 1896 with his “Elektrotechnisches Institut Theiler & Co.”.
In 2004, the Australian group Bayard Pty. Ltd. acquires Landis+Gyr and builds on the company’s already extensive metering activities into the communications technology arena through a number of acquisitions including US based Hunt Technologies, Finnish Enermet Group and American firm Cellnet in 2006.
2011 Landis+Gyr today
In 2011, on its way to a public listing, Landis+Gyr, the global leader in smart metering, was acquired by Toshiba to fill in the missing pieces in the Smart Community offering. Toshiba retains a 60% interest in Landis+Gyr, while 40% is owned by the Innovation Network Corporation of Japan (INCJ).
Today Landis+Gyr is an independent growth platform within Toshiba.
For more than a century Landis+Gyr has helped utilities manage energy better.
Chapter 1: Building a global meter business
Since 1896 Landis+Gyr has been designing and manufacturing high quality, state of the art electricity meters. Based in Zug, Switzerland, the company had access to a highly skilled workforce and distribution system throughout Europe with subsidiaries in Berlin, London, and Vienna. In 1924 the company expanded globally with the establishment its first overseas offices in New York and Melbourne (Australia).
Growth continued and in the early 1970’s, a significant step was taken in 1976 when Landis+Gyr acquired meter producer Duncan Electric of Lafayette, Indiana. 1981 saw the advent of electronic meters and Landis+Gyr was there at the forefront, developing and launching its first range of digital meters for the industrial and commercial segments.
Chapter 2: The meter becomes a digital device
Technological change and the emerging globalization of markets as a consequence of increasing liberalization and deregulation require a reorientation of the group. Landis+Gyr moves ahead with the development and rollout of electronic products and launches the first digital residential electricity meter.
Through the late 1990’s the company continued its global growth and expansion via a series of different investors and owners, including Electrowatt, KKR and Siemens. In 2004 Bayard Capital of Australia purchased the company with a vision of building the premier energy management company in the world, one that would combine positive environmental outcomes with Landis+Gyr’s metrology expertise and culture.
Chapter 3: ICT makes the meter smart
The new millennium saw the success of information and communications technology (ICT), allowing for a new dimension of functionalities and data transparency to the benefit of utilities and energy consumers. Under Bayard’s ownership, Landis+Gyr made 14 different investments in the sector, deploying over $1.2 billion in capital to expand beyond a pure metering company and into the networking and communications space.
In 2006 and 2007 Hunt Technologies and Cellnet Technologies, both from the US, and the Finnish Enermet Group were acquired. With these new assets, Landis+Gyr realized a quantum leap in the capability to implement an aggressive growth strategy. In addition to Hunt and Enermet’s communications know-how, Cellnet’s contracted 14 million managed service endpoints together with a unique track record in providing AMI, SCADA and DA network solutions to electric, gas and water utilities, gave Landis+Gyr the broadest portfolio in the market and the company became the leader in Advanced Metering Infrastructure.
Chapter 4: Smart meters are the heart of the smart grid
In 2011, Landis+Gyr was acquired by the Toshiba Corporation. This combination, recognized globally as having established a world-class partnership in the highly promising field of energy management solutions, has intensified the focus on smart metering technology as an essential building block in the development of smart grids and smart communities.
With operations spanning more than 30 countries and serving all of the major utilities in every continent, Landis+Gyr continues, as an independent growth platform within Toshiba, to empower utilities and end-customers to improve their energy efficiency, reduce their energy costs and contribute to a sustainable use of resources.