#Switzerland #Landis+Gyr #Cham #Rhebo #Everfield

Landis+Gyr Sells Rhebo to Everfield

Introduction
On April 30, 2026, Landis+Gyr Group AG (SIX: LAND), a prominent player in energy technology, revealed a significant move in its business strategy by signing an agreement to sell Rhebo GmbH to Everfield Germany GmbH. The sale underscores Landis+Gyr's dedication to concentrating on its core business areas while ensuring that Rhebo, known for its expertise in operational technology (OT) security, continues to thrive under new management.

The Context of the Sale

Founded in 2014 and based in Leipzig, Germany, Rhebo has developed a reputation for providing advanced security monitoring and anomaly detection solutions for industrial networks and Industrial Internet of Things (IIoT) environments. Since becoming part of Landis+Gyr in 2021, Rhebo has been instrumental in enhancing the security posture of various industrial organizations against the backdrop of rising cyber threats.

Todd Wiedman, who was the CEO of Rhebo from 2023 to 2026, emphasized the need for Landis+Gyr to streamline its operations and realign its strategic focus. This deal is estimated to reflect an enterprise value in the high single-digit million US dollar range, highlighting Landis+Gyr's commitment to enhancing shareholder value and operational efficiency.

Implications of the Sale

The acquisition by Everfield comes at a time when the OT security market is experiencing rapid evolution, influenced by increasing threats and a need for robust defense mechanisms. Everfield is known for its buy-and-hold investment strategy in European B2B SaaS companies, and its involvement could unleash significant growth potential for Rhebo, allowing it to leverage Everfield's extensive resources and expertise specifically in the EMEA market.

Oscar Koberling, Country Manager for DACH at Everfield, spoke positively about the acquisition, stating that Rhebo brings valuable capabilities to their portfolio. With Rhebo's strong market position and technical know-how in OT security, there are ample opportunities for growth and scaling the existing solutions for better customer service.

Future Prospects for Rhebo

With the transfer to Everfield, Rhebo is expected to advance its technological offerings to better meet the evolving needs of the market, ensuring that it remains at the forefront of security monitoring solutions for industrial applications. As a key player in this sector, Rhebo's continued innovation will likely play a vital role in the future of industrial security,

Conclusion

The decision to sell Rhebo allows Landis+Gyr to concentrate on its primary objectives while providing Rhebo with the support needed to evolve and expand. This strategic move showcases Landis+Gyr’s adaptability in a competitive landscape and reflects its commitment to focusing resources on core competences within the grid technology space.
Landis+Gyr remains a global leader in energy technology, dedicated to developing intelligent solutions that enhance the efficiency and reliability of utility networks. For further insights into their operations, visit Landis+Gyr.

On the other hand, Everfield's acquisition strategy will be closely observed as it seeks to enhance Rhebo's capabilities and market presence, indicating a promising future in the rapidly evolving landscape of OT security and IIoT monitoring.