Swedish Massive IoT network operator Netmore has acquired Spanish remote meter reading specialist Arson Metering. The acquisition will strengthen Netmore’s position in the utility modernisation market, and expand its presence among European municipal utilities.

Arson Metering specialises in advanced remote reading technologies. The company has deployments across more than 200 municipalities in Spain, Italy, France, and Greece. It manages over 500,000 water and gas meters and has a backlog of approximately 350,000 meters. The company’s expertise in AMI and its advanced Meter Operations Centre will strengthen Netmore’s ability to deliver against strict service levels required by utilities to meet regulatory and environmental goals.

“Acquiring Arson Metering is another transformative step for Netmore as we expand our ability to provide end-to-end solutions for utility automation and modernisation across the globe,” said Ove Anebygd, CEO of Netmore Group. “Arson Metering’s innovative utility solutions and proven track-record for delivering best-in-class KPIs align with our mission to provide high quality, reliable, and easy to use solutions with world leading support. Together, we’ll help municipalities and utilities tackle pressing challenges like water scarcity, leakage, and resource constraints, delivering measurable value to customers and communities.”

Amador Martínez, CEO at Arson Metering, commented: “Joining forces with Netmore marks an exciting new chapter for Arson Metering. Our shared approach to driving smarter, more efficient utility operations creates a powerful synergy for utilities and smart cities. For our customers this means enhanced connectivity to manage water and gas networks, while opening the door to global markets for Arson Metering’s products and services – now backed by Netmore’s extensive infrastructure and expertise. As a Netmore company, Arson Metering will continue to operate from our headquarters in Bilbao, maintaining a commitment to service that has always characterised it.”