Landis+Gyr Group AG (SWX:LAND) executed an agreement to acquire Rhebo GmbH from eCAPITAL IV managed by eCAPITAL entrepreneurial Partners AG and others on January 27, 2021. As per the transaction, Klaus Mochalski, co-founder and CEO of Rhebo GmbH and its management team will be joining Landis+Gyr Group AG. The transaction is not expected to have a material impact on Landis+Gyr Group AG's financial results in the near-term. Mirjam Boche, Marcus Nothhelfer, Thomas Chwalek, Saskia Kirschbaum, Hendrik von Mellenthin, Tanja Kurtzer Sina Janke of ARQIS Rechtsanwälte acted as legal advisors to Landis+Gyr Group AG (SWX:LAND). Landis+Gyr Group AG (SWX:LAND) completed the acquisition of Rhebo GmbH from eCAPITAL IV managed by eCAPITAL entrepreneurial Partners AG and others for $14.3 million on February 26, 2021.