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Landis+Gyr’s Pequot Lakes office is a 47,000-square-foot facility that employs a

Toshiba to buy Landis+Gyr for $2.3 billion

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Landis+Gyr, the Swiss-based company with a facility in Pequot Lakes, is being sold to Tokyo-based Toshiba for $2.3 billion in cash, it was learned Thursday. 

Landis+Gyr employs about 190 people in the 47,000-square-foot Pequot Lakes facility. 

Calls for comment from the Pequot Lakes’ office were referred to the company’s New York office. 

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Sarah Nelson
Sarah Nelson joined the Brainerd Dispatch in April 2010 and works as a online reporter, content editor and staff writer. She is a world traveler, accused idealist and California native now braving the winters of Central Minnesota. She believes in the power of human resolve and hopes to be part of something that makes history by bringing an end to injustice in the world. Sarah has worked as a criminal background researcher, high school civics teacher, grant writer, and contributing writer with Causecast.org — tackling every issue from global poverty to bio-degradable bicycles. Her favorite thing about living in Minnesota is July. Sarah left the Brainerd Dispatch in April 2014.
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