Cavagna Group acquires majority stake in Italian company Digimatic
Cavagna Group has acquired a majority stake in Digimatic S.r.l., a software company founded in 2008 in Potenza, Italy, specializing in digital solutions for the utilities sector. This move further strengthens Cavagna Group’s position in the Internet of Things market by expanding its portfolio of innovative technologies for advanced gas management and integrating them with intelligent data analysis and control systems.
According to Cavagna Group, this move enhances its data management capabilities, providing a technologically advanced solution for remote monitoring of devices dedicated to controlling the consumption and status of various types of gases. These include ultrasonic meters for energy gases, pressure and level measurement systems for technical and medical gases, as well as devices dedicated to logistics management and optimization.
“The entry of Digimatic into our group will allow us to move along two strategic lines,” says Davide Cavagna, CEO of Cavagna Group. “On one hand, we will be able to strengthen the offering already provided by our platform, and on the other, we will expand our reach in terms of both products and customers. Integrating Digimatic’s software platform with Cavagna Group’s hardware solutions will enable customers to improve operational efficiency, reduce waste and optimize safety – ensuring a smarter, more sustainable and more reliable management of energy resources.”
“Becoming part of Cavagna Group means sharing the experience and expertise we’ve gained over nearly 20 years in the industry with a solid and well-structured organization,” says Francesco Bruni, CEO and founder of Digimatic. “We are confident that this synergistic union will yield significant and mutually beneficial results.”
With this acquisition, Cavagna Group reaffirms its commitment to the world of technology and services, emphasizing its intent to enhance its offering not only in terms of products, but also by providing comprehensive, 360-degree strategic support, according to the company.
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