01 July 2011

Toshiba acquires Landis + Gyr

VISCHER advises the Japanese electronics manufacturer Toshiba Corporation alongside Morrison & Foerster LLP as to Swiss law in its acquisition of the entire equity of the innovative Swiss-based meter maker Landis+Gyr for USD 2.3 billion from a large group of private equity investors. The acquisition would substantially enhance the scope of Toshiba's smart grid and smart community businesses and position the company as a global competitor with world-class capabilities. The VISCHER team is led by partner Benedict F. Christ and includes among others Christoph Niederer (Tax), Matthias Glatthaar (Corporate), Fabian Martens (Corporate), Gili Fridland (Employment).

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Benedict F. Christ

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+41 58 211 34 62

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Christoph Niederer

christoph.niederer@vischer.com

+41 58 211 34 37

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Toshiba acquires Landis + Gyr