Latour Capital in Acquisition of Gutor

Cleary Gottlieb represented Latour Capital in its acquisition of Gutor from Schneider Electric SE.

The transaction closed on August 1, 2023.

Headquartered near Zurich, 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, 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.

For more information please see the press release here.