Landis+Gyr and Pacific Equity Partners form JV to acquire Acumen metering business

Landis+Gyr and Pacific Equity Partners agreed to form a joint venture, intelliHUB Holdings, to acquire the Acumen smart metering business from Origin Energy in Australia, with combined equity value up to AUD 75 million.

“Landis+Gyr will be contributing both cash and its intelliHUB business with combined equity value of up to AUD 75 million”landisgyr.eu

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• landisgyr.euLandis+Gyr and Pacific Equity Partners Announce Joint Venture for Acquisition of Acumen Metering Business - Landis+Gyr EMEAMay 24, 2018

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