🏭 Conthidra — Historical Profile (1987–2026) Is a Spanish water‑meter and sub‑metering technology company founded in 1999, closely linked to JANZ and later fully acquired by SIT Group in 2026.

📌 1. Founding of Conthidra (1999)

1999: Conthidra is officially created in Seville, Spain.

It is established as a manufacturer and distributor of high‑technology water meters, inheriting the metering tradition that began with JANZ in 1915.

From the beginning, Conthidra positions itself as a Spanish counterpart to JANZ, focusing on advanced metering solutions.

📌 2. Growth & Technological Development (2000–2010)

During the 2000s, Conthidra transitions from a distributor to a technology‑driven metering company:

Develops in‑house mechanical and electronic technologies.

Expands into telemetry, energy meters, and smart metering integration.

Builds a strong presence among Spanish utilities, industrial clients, and water‑management integrators.

This period marks Conthidra’s shift from a reseller to a full‑scale metering solutions provider.

📌 3. Integration with JANZ (2010–2020)

Conthidra becomes the Spanish strategic partner for JANZ:

JANZ’s Lisbon factory becomes the only fully self‑sufficient metering plant in the Iberian Peninsula, producing most components internally.

Conthidra integrates JANZ’s high‑precision meters and telemetry systems into Spanish and Latin American markets.

This partnership gives Conthidra access to advanced metering technology, including ultrasonic and smart meters.

📌 4. SIT Group Entry (2020–2026)

2020 — SIT acquires JANZ

SIT Group (Italy) enters the water‑metering sector by acquiring JANZ.

Conthidra becomes part of SIT’s Iberian strategy.

2021–2025 — SIT increases involvement

SIT holds 24.9% of Conthidra.

Conthidra expands into sub‑metering (individual apartment‑level consumption).

Conthidra grows strongly in Latin America.

2025 turnover: ~€10 million, 20% growth, EBITDA €0.6 million.

2026 — SIT acquires 100% of Conthidra

SIT completes full acquisition of Conthidra in February 2026.

Conthidra becomes SIT’s Spanish metering hub, strengthening SIT’s European water‑metering footprint.