MOBILTEX acquires UK manufacturer GCRTech

CALGARY — MOBILTEX Data Ltd. has announced the acquisition of GCR Tech Limited.

The company says the acquisition will bring together Mobiltex’s IIoT technologies with GCRTech’s experience in pressure management and product quality.

The newly appointed VP of value stream, Alain Lalonde will lead the Mobiltex GCRTech Product Group.

“GCRTech’s unique edge-computing technology will from day one deliver differentiation in the rapidly evolving water utilities segment that is demanding visibility into water distribution network pressure and flow monitoring & management,” said Lalonde.

Dr. Gurch Chana, who founded GCRTech and now serves as its managing director, expressed that the partnership will allow the company to accelerate its product development roadmap, grow its position in existing markets and expand into new ones.

“We are delighted to welcome the GCRTech team to the Mobiltex family,” said Marc Bracken, Mobiltex’s chief executive officer in a statement.

“With the close of this transaction, Mobiltex is well positioned to expand its footprint within the water utilities space to deliver proven solutions for our customers that will reduce water loss, optimize energy spend on pressurized systems, deliver a positive impact to GHG reductions, and reduce water supply constraints.”