Diehl Metering GmbH, a global leader in smart metering solutions, has announced the acquisition of PREVENTIO GmbH, a German-based technology startup specializing in leakage management and predictive maintenance.
Diehl Metering GmbH, a global leader in smart metering solutions, has announced the acquisition of PREVENTIO GmbH, a German-based technology startup specializing in leakage management and predictive maintenance.
The investment is set to enhance Diehl Metering's capabilities in real-time leak detection and complement its Analytics & Services portfolio.
PREVENTIO's AI technology analyzes historical and current data to detect leaks and anomalies in the water and heat supply network. This will complement Diehl Metering's existing software products, Water Loss Management and Energy Forecast Management, providing customers with even more robust tools to manage their resources efficiently.
Commenting on the acquisition, Dr. Christof Bosbach, CEO at Diehl Metering said:
"We welcome PREVENTIO GmbH to the Diehl Metering family. Their innovative approach to predictive maintenance and leak detection is another building block for our end-to-end solution portfolio in smart metering."
Preventio’s Co-Founders, Bledion Vladi and Peter Yves Ruland, also shared their perspectives on the acquisition:
“Joining Diehl Metering is not just about expanding our reach - it’s about amplifying our impact. Our clients will greatly benefit from the combined expertise of Preventio and Diehl Metering”.
The agreement was signed in Frankfurt am Main by the founders and investors of PREVENTIO, along with Dr. Kilian Semmelmann and Martin Fuchs from Diehl Metering on Thursday, November 28th, marking a significant milestone in the collaboration between the two companies.
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