The leading world-wide producer of a wide range of metering systems used to measure utility flows.
In June 2003, Montagu led and arranged the Management Buyout of Actaris from LBO France, a French Private Equity house.
With our support, Actaris's management continued to implement its strategy of reinforcing the business's position in developed countries by introducing value added and innovative meters, which tended to replace the existing installed base. It also expanded its operations in developing countries, where increasing water, gas and electricity consumption generated strong demand for new installations.
Montagu sold its stake in Actaris to back LBO France in June 2005 and the company is now part of US-based Itron.