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July 2, 2020

Itron

Liberty Lake-based Itron closed a deal with Accell as Itron's regional partner and lead distributor for Latin America. Itron provides smart networks, software, services, meters and sensors to help utilities and cities better manage electricity, gas and water for their customers. As part of the deal, all of Itron's Latin American facilities and employees will become part of Accell, except for several Mexico-based employees. Financial terms of the deal were not disclosed. Accell is a newly formed company built around Itron's existing leadership team in Latin America and three additional companies — Ethos Asset Management, Straight Manufacture and Insprotec. It is headquartered in Brazil.




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