mynth
03/2023

GUTOR acquired by LATOUR CAPITAL

SWITZERLAND Industrial Equipment / Components / Electrical Equipment REV 100M - 200M EUR

Context

Latour Capital has completed the acquisition of Gutor from Schneider Electric as part of a broader divestment program aimed at streamlining the seller’s portfolio and focusing on core activities. The transaction marks a strategic carve-out of a highly specialized industrial business with strong global positioning in uninterruptible power supply systems. The deal reflects Latour Capital’s strategy of acquiring carve-outs and standalone industrial champions with significant potential for operational improvement and international expansion. Gutor, a global leader in engineered UPS systems, benefits from a strong installed base, high barriers to entry, and long-term customer relationships across critical infrastructure sectors such as energy, oil and gas, nuclear, mining, and transport systems. Following the transaction, Latour Capital intends to work closely with Gutor’s management team to support its transition into an independent company. The priority is to ensure a smooth separation from Schneider Electric while preserving operational continuity, customer relationships, and service quality. The carve-out process is expected to be completed in the months following signing, with a full operational separation targeted for summer 2023. Growth prospects are driven by strong structural trends, including global electrification, increasing demand for resilient power infrastructure, and the expansion of data centers and industrial automation. Gutor’s ability to design highly customized UPS systems with long operational lifespans positions it favorably to capture these trends.

GUTOR, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Gutor is a Switzerland-based industrial technology company and a global leader in uninterruptible power supply (UPS) systems designed for highly critical environments. The company specializes in engineered, tailor-made power protection solutions that ensure continuous electricity supply in case of grid failure, supporting operations where downtime is not an option. Its systems are deployed in demanding industries such as power generation, oil and gas, nuclear facilities, chemical processing, mining, transportation infrastructure, and large-scale data centers. Unlike standardized UPS manufacturers, Gutor focuses on highly customized solutions built to operate reliably over long life cycles, often exceeding 20 years, even in extreme conditions such as seismic activity, high temperature environments, or offshore installations. This engineering-intensive approach has positioned the company as a trusted partner for mission-critical infrastructure operators worldwide. Gutor also provides comprehensive lifecycle services, including maintenance, upgrades, and long-term technical support, ensuring sustained performance of installed systems over decades. This installed base creates recurring revenue streams and strengthens customer lock-in across industrial sites globally.

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Historical Financials (EUR)

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REFERENCES

Revenue range: 100M - 200M EUR

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: gutor

Acquirer: latour capital