Lacroix

What Lacroix does

LACROIX Group is a privately held French industrial technology company founded in 1970, headquartered in Saint-Herblain, France, operating across LACROIX Environment (water, HVAC, and smart grids IoT) and LACROIX Electronics (electronic design and manufacturing). LACROIX Environment, the focus of available disclosures, provides connected electronic equipment and industrial IoT solutions for infrastructure management under the SOFREL and LX CONNECT brands. The product portfolio spans remote telemetry units and data loggers, industrial sensors, LoRaWAN IoT sensors, connected regulators (S4TH, B4TH), centralized SCADA supervision platforms, substation automation software, and the new series5X remote management units, plus the LX CONNECT cloud-based SaaS for water network cybersecurity hosted in a European trusted cloud.

The company sells into three primary verticals: water network operators (public and private utilities managing drinking water, wastewater, and natural water monitoring), HVAC and district heating operators, and energy grid operators in the DACH region where Article 14a of the German Energy Act mandates remote control of energy equipment by January 2029. LACROIX generates revenue through three streams: hardware sales of connected equipment (sensors, data loggers, RTUs, regulators), software platforms and SaaS subscriptions (SCADA systems, LX CONNECT), and professional services (project studies, training, commissioning, after-sales support). Go-to-market is sales-led and direct, with 50+ commercial engineers serving Spain and Latin America and a network of 150+ commercial partners and 60+ technical support staff covering other geographies; pricing is quote-based and not publicly disclosed. The Smart Grids Business Unit reached approximately EUR 34 million in 2025, up 20% year-over-year and 54% cumulatively over 2020-2025, while broader Group revenue and total headcount are not disclosed in available sources.

Name

Lacroix

Legal name

LACROIX Group

Website

https://lacroix-environment.es

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

LACROIX Environment, part of France-based LACROIX Group, provides SOFREL-branded industrial IoT hardware and SCADA software, plus LX CONNECT SaaS, for water networks, district heating, and smart grid operators in Europe and Latin America.

Ownership category

akta.pro rank

Product category

Industrial IoT for Infrastructure

NAICS

Relay and Industrial Control Manufacturing (335314), Water Supply and Irrigation Systems (22131), Electric Power Generation, Transmission and Distribution (2211), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Water Supply (4941), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

DER Management Systems (DERMS) & Virtual Power Plants (VPP) (EUADAPAD)

akta.pro secondary industries

Online Monitoring, Sensors & Instrumentation (SCADA-integrated analyzers, probes, samplers) (EUANAJAC), Real-Time Monitoring & Smart Stormwater (Sensors, SCADA/IoT, RTC) (EUANAEAK), Monitoring & Control (Dosing Systems, Remote Monitoring, Sensors) (BPABAJAK), Water Supply & Wastewater Utilities Administration (BPAIACAG)

Keywords

• Industrial IoT solutions
• Smart water networks
• SCADA supervision platforms
• Smart grid RTU
• District heating control

Headquarters

HQ city

Vern-sur-seiche

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. IoT Hardware and Equipment Sales: Sale of connected electronic equipment including sensors, data loggers, remote stations, RTUs, and related hardware for water, HVAC, and smart grids applications. The company is evolving from equipment provider to service provider.
2. Software Platforms and SaaS: Centralized supervision platforms, SCADA systems, and LX CONNECT SaaS solution for water network protection and management.
3. Professional Services: Project studies, planning, training, commissioning assistance, and after-sales services supporting infrastructure digitization projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

LACROIX Environment, an activity of the LACROIX Group, designs, manufactures, and supplies connected electronic equipment and industrial IoT solutions for water networks, HVAC/district heating installations, and smart electricity/gas/heating grids. Its offering spans remote telemetry stations, data loggers, sensors, IoT LoRaWAN devices, connected regulators, SCADA supervision platforms, RTU and substation control software, and the LX CONNECT cloud-based SaaS for water network cybersecurity.

Product overview

LACROIX Environment provides connected electronic equipment and industrial IoT solutions organized around three core divisions: Water Management (SOFREL brand), HVAC/District Heating, and Smart Grids. The product portfolio includes remote telemetry stations and data loggers, industrial sensors and instrumentation, centralized SCADA supervision platforms, connected regulators (S4TH/B4TH), IoT LoRaWAN sensors, RTU and substation control systems, and the series5X remote management units. The company is evolving from equipment provider to service provider, with LX CONNECT SaaS offering cloud-based cybersecurity protection for water networks deployed in European trusted clouds.

Differentiator

Problem solved

Functional benefit

Brands

• SOFREL: Product brand for remote stations, data loggers, IoT sensors, connected regulators (S4TH, B4TH), and SCADA supervision platforms for water, HVAC, and smart grids applications
• LX CONNECT

Products and services

• SOFREL Remote Stations and Data Loggers Remote telemetry stations and data logging devices used by water network operators to monitor and manage drinking water distribution networks, pumping stations, and hydraulic installations.
• SOFREL Sensors and Instrumentation Industrial sensors and instrumentation for measuring pressure, flow, level, and quality parameters in water networks and hydraulic systems.
• SOFREL Centralized Platforms and SCADA Supervision Centralized supervision platforms and SCADA systems providing real-time monitoring, control, and data visualization for water infrastructure networks.
• SOFREL S4TH and B4TH Connected Regulators Connected regulators for HVAC systems and district heating networks that enable remote control and optimization of thermal energy systems.
• IoT LoRaWAN Sensors IoT sensors using LoRaWAN connectivity for monitoring temperature, humidity, and environmental parameters in building management and HVAC applications.
• Smart Grids RTU and Substation Control Software Remote Terminal Units (RTU) and substation automation software delivering telecontrol and automation capabilities for electricity, gas, heating, water, industry, and infrastructure sectors.
• series5X Remote Management Units Remote management units for grid stabilization solutions, targeted at the DACH region market for energy transition applications including remote control of energy equipment such as heat pumps and EV chargers.
• LX CONNECT SaaS Cloud-based SaaS solution for water network cybersecurity protection, deployed in a European trusted cloud environment to safeguard critical water infrastructure.
• Control Cabinet Construction Custom control cabinet assembly and construction services for smart grid applications, integrating RTU and automation components.
• IoT Connectivity Solutions IoT connectivity solutions enabling communication between field devices and central systems for smart grid and infrastructure applications.

Quantifiable outcome

• Smart Grids Business Unit achieved 20% revenue increase in 2025 to approximately €34 million
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Sensus (Xylem): Sensus, now part of Xylem, is a direct competitor in smart water and utility network IoT, offering metering, AMI, and remote monitoring solutions for water utilities — directly overlapping with LACROIX's SOFREL water-network product line.
• Itron: Itron is a leading global provider of smart metering, AMI, and utility IoT solutions for water, gas, and electric utilities. It competes head-to-head with LACROIX in connected utility infrastructure and remote data acquisition.
• Landis+Gyr: Landis+Gyr specializes in smart grid metering, grid management, and utility IoT. Its smart-grid and remote-management portfolio directly competes with LACROIX's RTU and substation control offerings for grid operators.
• Kamstrup: Kamstrup is a European provider of smart metering and remote monitoring solutions for water, heat, and electricity — overlapping closely with LACROIX's water and district-heating regulator businesses (SOFREL S4TH/B4TH).
• Diehl Metering: Diehl Metering provides smart metering and IoT solutions for water, heat, gas, and electricity utilities, with a European customer base. Its integrated metering and AMI solutions overlap with LACROIX's water and district-heating remote-management offerings.

Broad incumbents

• Schneider Electric: Schneider Electric's EcoStruxure platform spans grid automation, water/wastewater SCADA, and HVAC building management. It is a broad incumbent offering overlapping capabilities to LACROIX's water, HVAC, and smart grids customers.
• Siemens: Siemens offers Smart Infrastructure and grid automation solutions, including SCADA, RTUs, and substation control, positioning it as a broad incumbent competitor to LACROIX's Smart Grids and industrial IoT portfolio.
• ABB: ABB's Grid Automation and Process Automation businesses provide RTUs, SCADA, and substation control solutions that overlap with LACROIX's Smart Grids product line, particularly for energy and water utilities.
• Honeywell (Elster): Honeywell's Elster-originated utility metering and process automation portfolio competes with LACROIX in water metering, AMI, and grid/energy remote management, though across a much broader industrial automation footprint.

Regional players

• Sewerin: Sewerin is a German specialist in water leak detection, gas leak detection, and utility measurement — comparable to LACROIX's water monitoring business and headquartered in the same DACH region, but focused primarily on detection instruments rather than full IoT/SCADA stacks.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lacroixenvironment
• Xx.com/lacroix_group
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lacroix