AMSTERDAM and PARIS, March 19, 2024 /24-7PressRelease/ -- Today marks a pivotal moment as Hiber, a frontrunner of well and pipeline integrity solutions, acquires Srett Industrie, a leading IoT LoRaWAN enabled hardware manufacturer for ATEX environments. This combination will add R&D and manufacturing capabilities to the existing HiberHilo operations and clients around the globe. It will further speed up innovation in well integrity & monitoring technology for remote locations.

Through this acquisition, Hiber, with its HiberHilo solutions, covers a complete range of end to end IoT solutions: Hardware, LoRaWAN combined with advanced satellite, 3G/4G or LAN connectivity, and Data.

The solutions provide 24/7 remote asset monitoring (pressure, temperature, flow), as well as remote valve actuation. Hiber & Srett Industrie already serve 8 of the 10 Global Oil & Gas and Hydrogen majors in all continents.

Erik Boertje, Managing Director of Hiber, expresses his enthusiasm 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.

"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." says Philippe Gambier, General Manager of Srett Industrie.

Following the acquisition, Srett Industrie will operate under the renowned brand name, Hiber.

About Hiber:
Remote monitoring has long been a challenge in the energy sector. With its innovative monitoring solution named HiberHilo, Hiber brings visibility to the remote wells and pipelines, making them safer for the people, the community, and the environment. HiberHilo is an easy-to-buy, easy-to-install and easy-to-use IoT solution. This technology allows oil and gas companies to monitor key aspects of their remote operations globally. Hiber currently has operations in 5 continents serving major national and international energy companies around the globe.

About Srett Industrie:
Since 2004, Srett Industrie has brought a wealth of experience and knowledge to the energy industry through its cutting-edge BumbleBee IoT ATEX environment Hardware. Srett Industrie's expertise in IoT ATEX environment is widely used on wells and pipelines through its BumbleBee product line, such as remote pressure, temperature monitoring and valve actuation. Srett Industrie has been a key component of HiberHilo since 2020.

Contact Hiber:
Simon Philipsen - Managing Director: pr@hiber.global

Contact Srett Industrie:
Philippe Gambier - General Manager Srett Industrie: pr@hiber.global

This press release is distributed by 24/7 Press Release. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Hiber Acquires Srett Industrie.