Cavagna Group acquires natural gas meter manufacturer
The Cavagna Group acquired the assets of Qgas S.r.l., a natural gas meter manufacturer in Sansepolcro, Italy.
The acquisition will transfer both tangible and intangible assets to Cavagna as part of the company’s plan to expand its range of products and services in the field of propane and natural gas. According to the company, the purchase of Qgas’ assets will accelerate the Cavagna Group’s organic growth process in the field of gas metering, adding domestic diaphragm meters to its range of ultrasonic smart meters.
The range of Qgas meters will be fully integrated under the Cavagna Group’s “Mesura” brand, which specializes in low-, medium- and high-pressure natural gas regulation. The purchased assets will be transferred to a new plant dedicated to meter production located near the Cavagna Group’s main headquarters in Ponte San Marco, Italy.
Cavagna’s current product range in the field of natural gas is the result of important business decisions made over the years, the company says. In addition to the high-capacity pressure regulators and pressure-reducing stations, it also covers technology for gas distribution networks supplying commercial and domestic customers.
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