INTEGRA Metering was created in October 2017 through the merger of Aquametro AG, a Swiss leader in the development, production, and sale of flow meters and energy meters that was founded in Basel in 1928, and the French technology company Yzatec SAS, which has developed and produced smart irrigation and portable water meters with large diameters based on in-house ultrasonic sensors since 2010. With complementary competencies in the field of smart metering, the two companies are a great fit for each other. This provides Integra Metering AG with a technology, product and services portfolio that is oriented toward the future needs of customers. This merger also forms the basis for a realignment of the Group strategy in the area of water and energy metering. The sales and service organisations in Switzerland and Germany continue to operate under the well-known and established companies “Aquametro AG” and “Aquametro Messtechnik GmbH”. These INTEGRA Metering subsidiaries focus on providing support and services to their customers with an expanded product and services portfolio. The oil and marine business of Aquametro AG was transferred to a new company within INTEGRA Holding as of 1 July 2017 — Aquametro Oil & Marine AG. INTEGRA Metering AG focuses on the development, production and sale of water and energy meters heating/cooling), as well as data management systems for measuring consumption in the area of water and energy supply. The target audience of the company includes water suppliers, energy providers, public utilities as well as property managements and building operators. With innovative and future-oriented solutions, customers and business partners will be supported from measurement data acquisition and data management to the integration into control and analysis systems.