Italian industrial gases firm Cavagna Group has acquired a majority stake in software company Digimatic. This strategic move is part of the Group’s effort to expand its portfolio of digital technologies and strengthen its position in the rapidly evolving Internet of Things (IoT) market.
Through this deal, Cavagna Group aims to provide customers with an advanced solution for the remote monitoring of devices designed to control the consumption and status of gases. The integration of Digimatic’s technology will mean Cavagna can grow its existing offerings with advanced IoT.
These technologies include ultrasonic meters, pressure and level measurement systems for both technical and medical gases, as well as devices for logistics management and optimisation. Such innovations are increasingly sought after in the industrial gas sector, where operational efficiency and real-time data insights can deliver an edge.
“The entry of Digimatic into our group will allow us to move along two strategic lines,” said Davide Cavagna, CEO of Cavagna Group. “This will enable customers to improve operational efficiency, reduce waste, and optimise safety.”
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