BGL Announces Global M&A Transaction in Industrials
August 04 2011
Brown Gibbons Lang & Company (BGL), the United States office of Global M&A, one of the world's leading independent M&A advisory firms, today announced the acquisition by IDS GmbH (The IDS Group) of Görlitz AG, a leading German manufacturer of smart metering and energy data management products.
Founded in 1976 and headquartered in Koblenz, Germany, Görlitz AG manufactures remote reading and metering systems to retrieve energy data for business analysis systems. The company is recognized as a leading solutions provider for energy data collection and smart metering used by utilities, grid operators, and metering service providers in Europe. The company has 200 employees with operations in Germany, Switzerland, Austria, Benelux, Italy, and Denmark.
Headquartered in Ettlingen, Germany, IDS GmbH develops and manufactures telemetry, automation, control, and communication systems for energy supply systems in Europe and internationally. The company specializes in power grid management and control engineering for use in the fields of energy and water supply, wastewater, industrial systems, and environmental applications and automation and telecontrol systems for data transmission. The IDS Group has 300 employees with operations in the Czech Republic, Switzerland, and Turkey.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, financial restructurings, and valuations & financial opinions. BGL is the lead U.S. shareholder in Global M&A
, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. For more information, visit www.bglco.com.
About Global M&A
Global M&A is one of the world's leading independent M&A advisory firms. Specialized in the middle market, we provide support and opportunities locally and internationally for clients buying or selling companies as well as financings, corporate restructurings, and other corporate finance transactions. For more information, visit Global M&A
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