Strategic Expansion into Smart Utility Solutions
Pietro Fiorentini S.p.A. has officially completed the acquisition of FAST, a leading Italian company specializing in automation and process control systems for industrial and utility sectors. Following the initial majority share acquisition in 2021, the full acquisition was finalized in early 2023, marking a significant step in enhancing digital transformation within the gas and water industry.
This strategic move further strengthens Pietro Fiorentini’s role as a key technology provider for utilities, expanding its portfolio with advanced network management and industrial automation solutions.
Strengthening Innovation in Water and Gas Network Management
Pietro Fiorentini has already established a strong presence in the water sector, offering a comprehensive range of mechanical and ultrasonic meters under the AQUO brand. With the integration of FAST, the company is now poised to offer a broader suite of smart utility solutions, ensuring higher efficiency, automation, and sustainability in gas and water network operations.
With operational locations in Scandiano (Reggio Emilia) and La Spezia, FAST brings over 40 years of expertise in:
- Remote Terminal Units (RTUs) for network monitoring and automation
- Software solutions for real-time water cycle management
- Process control systems for industrial applications
By integrating FAST’s advanced technologies, Pietro Fiorentini is set to revolutionize the automation of gas and water networks, optimizing efficiency, reliability, and sustainability across critical infrastructure.
A Unified Vision for Digital Utility Management
Fabio Baggio, Gas & Water Network Solutions Strategic Business Unit Director at Pietro Fiorentini, emphasized the significance of this acquisition:
“This marks a major milestone for our Group. With FAST, we further strengthen our position in the water sector—a strategic area for our future—while enhancing our expertise in process control. By merging our skills and technologies, we will offer utilities a wider range of innovative and sustainable solutions, driving the digital transformation of essential infrastructures.”
