Compressed gas equipment manufacturer the Cavagna Group has acquired natural gas meter manufacturer Qgas S.r.l.
Both tangible and intangible assets will be transferred to Cavagna as part of the agreement. The acquisition is another part of the Italian company’s plan to expand its range of products and services in the field of LPG and natural gas, providing the market with complete, integrated solutions.
More specifically, the purchase of Qgas’ assets will accelerate Cavagna’s organic growth process in the field of gas metering, adding domestic diaphragm meters to the company’s range of ultrasonic smart meters.
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