Hiber, a leader in well and pipeline integrity solutions, has strategically acquired Srett Industrie, a pioneer in IoT LoRaWAN enabled hardware for ATEX environments. This acquisition is set to bolster Hiber's HiberHilo operations by integrating Srett Industrie's research and development (R&D) and manufacturing capabilities. The move is aimed at accelerating the innovation of well integrity and monitoring technologies, particularly for remote locations across the globe.
The integration of Srett Industrie into Hiber's portfolio enables the company to offer a comprehensive suite of end-to-end IoT solutions. These solutions encompass hardware, LoRaWAN technology, alongside advanced satellite, 3G/4G, or LAN connectivity, and data services. Such advancements facilitate round-the-clock remote monitoring of assets for pressure, temperature, and flow, in addition to remote valve actuation capabilities, thereby enhancing operational efficiency and safety in the energy sector.
Erik Boertje, Managing Director of Hiber, highlighted the significance of this acquisition, stating, 'This is a significant moment for Hiber. This acquisition is an important step forward, and together, we look forward to accelerating to deliver sustainable and safe IoT solutions for the energy industry.' Philippe Gambier, General Manager of Srett Industrie, also shared his optimism, 'Having worked closely with Hiber over the past years, I am confident that together we will better support the energy industry, and minimise its carbon footprint and HSE exposure while improving operation efficiencies.'
Post-acquisition, Srett Industrie will operate under the Hiber brand, unifying their efforts to serve the global energy industry more effectively. The combined expertise of Hiber and Srett Industrie already benefits 8 out of the 10 global oil, gas, and hydrogen majors, spanning all continents. This strategic acquisition not only strengthens Hiber's position in the market but also underscores its commitment to delivering innovative and sustainable solutions to the energy sector.
