Hiber Expands IoT Solutions In Energy Sector With Srett Industrie Acquisition

AMSTERDAM AND PARIS, March 19th, 2024 – In a strategic move that promises to reshape the landscape of well and pipeline integrity solutions, Hiber has announced its acquisition of Srett Industrie, a prominent manufacturer of IoT LoRaWAN enabled hardware for ATEX environments. This merger is set to enhance Hiber's research and development (R&D) and manufacturing prowess, particularly for its HiberHilo operations, thereby accelerating innovation in well integrity and monitoring technology across remote areas worldwide.

The integration of Srett Industrie under the Hiber umbrella signifies a comprehensive expansion into end-to-end IoT solutions encompassing hardware, LoRaWAN technology, and advanced connectivity options like satellite, 3G/4G, or LAN. These solutions are designed for round-the-clock remote monitoring of assets, including pressure, temperature, and flow metrics, alongside remote valve actuation capabilities. Notably, Hiber and Srett Industrie collectively serve eight of the top ten global oil & gas and hydrogen majors across all continents.

Erik Boertje, Managing Director of Hiber, shared his optimism about the acquisition: "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." Echoing this sentiment, Philippe Gambier, General Manager of Srett Industrie, remarked on the collaborative synergy between the two entities: "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."

Following this acquisition, Srett Industrie will be rebranded and operate under the well-established name of Hiber. This move not only signifies a major leap towards innovative technological advancements in the energy sector but also underscores a shared commitment to enhancing operational efficiencies while prioritizing environmental sustainability and safety.

The collaboration between Hiber and Srett Industrie is poised to set new standards in IoT solutions for the energy industry. By leveraging their combined expertise and resources, they aim to address some of the most pressing challenges faced by the sector today. As they move forward under a unified brand, their joint efforts are expected to yield significant benefits for clients worldwide, driving forward a new era of innovation and sustainability in energy management.