01 October 2008 – Bayard Group has integrated its family of business and brands worldwide under the Landis+Gyr name.
As part of merging its family of clean tech businesses, Bayard Group itself has been renamed Landis+Gyr Holdings and its subsidiaries Landis+Gyr, Cellnet+Hunt, Ampy Metering, Ampy+Email, and Enermet will adopt the Landis+Gyr name as the exclusive operating brand.
“The decision to move to a single corporate brand was based on two important factors. First, it is the belief of the entire leadership team that a single brand is the best way for us to demonstrate the power of our integrated business model, convey our full scope of offering to customers, and compete with strong global players. Second, simplifying our structure will help customers have a clear idea of what we stand for and how our businesses fit together,” said Cameron O’Reilly , CEO, Landis+Gyr.
In addition, Landis+Gyr Holdings has assembled a management team to drive the company’s future growth. Cameron O’Reilly maintains the role of Chief Executive Officer while Andreas Umbach and Andreas Spreiter aree elevated to the roles of President and Chief Operating Officer and Chief Financial Officer of Landis+Gyr Holdings respectively. The company is keeping its global headquarters in Zug, Switzerland and has opened an office in New York City reflecting its commitment to the North American market, which accounts for more than a third of its global business. Existing regional offices throughout the world will continue to operate as usual.