07-08-2024

MEA Engineering Srl becomes part of Almaviva Group through the acquisition of 58% of the shares by the subsidiary B.M. Tecnologie Industriali SpA, Società Benefit. The operation allows Almaviva, an Italian digital innovation group and leader in Italy in the integration and digitalization of services in the water sector, to further strengthen and verticalize its business.

Almaviva Group currently operates in the water market, combining the expertise of various companies, from Almaviva (the parent company) to B.M. Tecnologie Industriali and 2F Water Venture and from Almawave, listed on the EGM and active in AI and big data, to its subsidiaries Tecnau and Sister.

MEA Engineering, founded in 2010 and based in the province of Catanzaro, is a company specialized in surveying water and sewer systems and their subservices, as well as monitoring the networks themselves. The company also handles 3D laser scanning and topographic, photogrammetric, bathymetric, thermographic, and interior surveys with the most innovative technologies currently available on the market. Since 2014 it has collaborates with B.M. Tecnologie Industriali in the management of engineering activities affecting the water networks of Campania, Sicily, and Calabria.

The close and well-established collaboration between Almaviva Group and MEA Engineering makes this extraordinary acquisition immediately effective in terms of production and completes the group's solutions in the integrated water service sector.

Among the most recent activities managed by MEA in collaboration with B. M. Tecnologie Industriali are the digitalization, surveys, and monitoring to analyze the flow and pressure of water networks conducted in the municipalities of Catanzaro, Vibo Valentia, and Crotone, while MEA is currently involved in 10 projects across Italy for the digitalization of water networks, working in temporary partnership alongside companies from Almaviva Group.

The Group has several projects either completed or in progress, with large or medium-sized operators, related to the digitalization of the integrated water system, which have already recovered over 70 million cubic meters of water per year.

Some figures:

• Over 25,000 km of digitalized primary and secondary networks, managed through Smart Water Management Systems
• Digital twin of over 25,000 km of network
• Over 2,000 digitalized systems
• 147,000 km of satellite-monitored network
• 11,000 leaks detected.