Latour Capital acquires Gutor

Latour Capital successfully completed its acquisition of Gutor Electronic from Schneider Electric SE.

Headquartered in Wettingen, Switzerland, Gutor is the world leading manufacturer of UPS for industrial applications. UPS systems ensure operational continuity during power outages and contribute to the safety of the most critical installations, such as nuclear power plants, power generation, rail signaling, oil platforms, refineries, mines, chemical industry, and data centers. Gutor employs more than 500 people worldwide, with three production sites located in Switzerland, Malaysia, and China. The group generated €130 million revenue in 2021.

Latour Capital is an independent French private equity firm with an entrepreneurial culture and a strong operational experience. With over €2.6 billion of assets under management, Latour Capital is an active shareholder, strongly involved in its portfolio companies alongside management teams. Latour Capital mainly invests in companies with strong growth potential, both in France and abroad.

Lenz & Staehelin advised Latour Capital on the Swiss legal aspects of this transaction and its financing, with Cleary Gottlieb being lead counsel.

Published: 4 August 2023