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Bech-Bruun has assisted Landis+Gyr AG on its acquisition of Danish start-up True Energy A/S.

Landis+Gyr AG, a listed Swiss company and a global industry leader in energy management solutions, has decided to buy the Danish company True Energy A/S.

True Energy A/S, a start-up from 2018, has developed an intelligent solution in the form of an app that shows you when you can charge your electric vehicle at the lowest and most environmentally friendly price. Thus the acquisition is meant to underpin Landis+Gyr AG's vision to "manage energy better".

Bech-Bruun has assisted Landis+Gyr AG in connection with the transaction.

We congratulate both parties on the transaction.