Name

Lario Reti Holding

Legal name

Lario Reti Holding S.p.A.

Website

https://larioreti.it

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Water Utilities

NAICS

Water, Sewage and Other Systems (2213), Sewage Treatment Facilities (22132)

SIC

Water Supply (4941), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Data Management, LIMS & Compliance Software (ELN, eDMS, reporting automation) (EUANAJAE)

Keywords

• Integrated water services
• Water utility management
• Wastewater treatment
• Potable water supply
• Sewerage network operations

Headquarters

HQ city

Lecco

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Integrated Water Service Fees: Regulated utility service tariffs charged to 113,600 service connections across 84 municipalities. Revenue is tariff-based, approved by ARERA (Autorità di Regolazione per Energia Reti e Ambiente), covering water distribution, sewerage, and purification services for residential and commercial customers in the Province of Lecco.
2. Bond Issuance and Financial Instruments: Capital markets financing including €65 million senior unsecured bond issuance with 18.5-year maturity and US$35 million shelf facility, fully subscribed by PGIM's private credit division. Proceeds primarily refinance existing bank financing and enable increased infrastructure investments.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Lario Reti Holding operates the Servizio Idrico Integrato (Integrated Water Service) for all 84 municipalities of the Province of Lecco, Italy. It manages the complete water cycle — abstraction from springs, wells, and Lake Como; potabilization; distribution through 2,600 km of aqueduct pipelines; sewerage collection across 1,800 km of networks; and treatment at 23 purification plants — serving 335,000 citizens through 113,600 connections. The company also provides the Sportello Online customer portal, public water dispensers (Casette dell'Acqua), water quality laboratory services, and educational programs (Scuolapark, Blue School).

Product overview

Lario Reti Holding operates as an integrated water utility (Servizio Idrico Integrato) managing the complete water cycle for 84 municipalities in Italy's Province of Lecco. The core offering encompasses water abstraction, potabilization, and distribution through over 2,600 km of pipelines, sewage collection across 1,800 km of networks, and treatment at 23 facilities. Supporting this core infrastructure are customer-facing digital services including Sportello Online (self-service portal), Autolettura (meter reading), and Casette dell'Acqua (public water dispensers); operational technology systems such as Cartografia/WebGIS, Telecontrollo, and the Progetto P.I.A. infrastructure planning platform; and educational initiatives including Scuolapark and Blue School for schools. The company also participates in the NET joint venture with BrianzAcque for territorial synergies.

Differentiator

Problem solved

Functional benefit

Brands

• Sportello Online: Online portal for managing water utilities from home - bills, payments, consumption and requests
• L'Acqua fa Scuola
• Scuolapark
• Blue School
• NET - Nuove Energie Territoriali
• Water Alliance - Acque di Lombardia

Products and services

• Servizio Idrico Integrato (Integrated Water Service) Vertically integrated water service covering the entire Province of Lecco: abstraction from over 450 springs, 90 wells, and Lake Como; potabilization; distribution through 2,600 km of aqueduct pipelines; sewerage collection across 1,800 km of networks; treatment at 23 purification plants; serving 84 municipalities and approximately 335,000 citizens through 113,600 service connections. Tariffs are regulated by ARERA.
• Sportello Online (Online Customer Portal) Self-service digital portal enabling customers to manage their water utility accounts online, including bill payments, consumption monitoring, direct debit activation, email invoice delivery, and service request tracking.
• Casette dell'Acqua (Public Water Dispensers) Public drinking water dispenser service providing safe, tested, and sustainable tap water through 40 installations across the territory, accessed via reusable cards. Units are monitored in real time via telecontrol systems.
• Qualità dell'Acqua / Laboratorio (Water Quality Laboratory Service) Water quality testing and monitoring service with 5,400 samples collected and 59,000 parameters analyzed per year. Includes laboratory analysis, quality controls, and public water identity reports (Carta d'Identità dell'Acqua) describing water characteristics by geographic area.
• Autolettura Contatori (Self-Meter Reading Service) Self-service meter reading service available 24/7, allowing customers to submit water meter readings online or by telephone to ensure accurate billing aligned with actual consumption.
• Servizio Smaltimento Rifiuti Liquidi non Pericolosi (Non-Hazardous Liquid Waste Disposal) Disposal service for non-hazardous liquid waste (bottini) operated by the company as part of its broader water and waste management infrastructure.

Quantifiable outcome

• Reduced water losses through leak detection systems (Ricerca Perdite) and network modernization
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Water Alliance - Acque di LombardiacoreStrategic or Co-development PartnerConsortium of Lombard water utilities for shared research, technological development, and best practices. Lario Reti Holding participates in joint initiatives including the P.I.A. groundwater management system (Protocol of Understanding with CAP Holding), climate research with Politecnico di Milano, and the 'A WAve of Innovation' international call for water service innovation.
• BrianzAcquecoreStrategic or Co-development PartnerJoint venture partnership through 'NET – Nuove Energie Territoriali' network enterprise, combining operational synergies between Lario Reti Holding (Lecco province) and BrianzAcque (Brianza territory) for improved water service management.
• Como Acqua S.r.L.minorStrategic or Co-development PartnerLaboratory quality assurance partnership with BrianzAcque and Lario Reti Holding for water quality monitoring and testing across territories.
• CAP HoldingminorStrategic or Co-development PartnerProtocol of Understanding for P.I.A. (Piano Infrastrutturale Acquedotti) system transfer to Water Alliance, enabling standardized groundwater management across Lombard water utilities.
• Politecnico di MilanominorStrategic or Co-development PartnerResearch partnership with Water Alliance for climate impact studies on water systems, contributing to scientific understanding of climate change effects on Lombard water resources.
• GSE (Gestore Servizi Energetici)minorStrategic or Co-development PartnerPartnership with Water Alliance and Regione Lombardia for sustainable development of water infrastructure in Lombardy.
• Guardia di Finanza (Reparto Operativo Aeronavale di Como)minorStrategic or Co-development PartnerJoint protocol with Provinces of Como and Lecco, Lario Basin Authority, and Italian Financial Police to safeguard Lake Como waters from pollution.

Scale indicators19 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Viveracqua: Viveracqua is the consortium of Veneto region integrated water utilities. Comparable as a publicly owned Italian water utility network structure analogous in form (though not in territory) to Lario Reti Holding's position in Lombardy.
• Acquedotto Pugliese (AQP): Acquedotto Pugliese is the integrated water utility serving the Puglia region in southern Italy. Comparable as a large Italian publicly-owned integrated water operator under ARERA regulation, but operating in a different geographic territory than Lario Reti Holding.

Broad incumbents

• Hera Group: Hera is a multi-utility serving Emilia-Romagna and surrounding regions with water, waste, and energy operations. Comparable as an Italian regulated water utility but with broader geographic and service scope than Lario Reti Holding.
• A2A: A2A is a multi-utility based in Milan/Brescia operating across water, waste, energy networks, and generation. Comparable Italian regulated water utility participant, though serving a far larger and more diversified customer base than Lario Reti Holding's single province.
• Acea Group: Acea is one of Italy's largest multi-utility operators, with water as a core segment alongside energy and environmental services. Comparable as a regulated Italian water utility, but operating across multiple regions and adjacent verticals beyond pure integrated water service.
• Iren Group: Iren is a multi-utility headquartered in Reggio Emilia serving northern Italy across water, waste, gas, and electricity. Comparable as a regulated Italian water operator, but with materially larger and more diversified operations than Lario Reti Holding.

Direct peers

• BrianzAcque: BrianzAcque is the integrated water utility for the Brianza territory in Lombardy and Lario Reti Holding's JV partner in the NET (Nuove Energie Territoriali) joint venture for territorial synergies. Comparable in scope (multi-municipality Lombard concession), regulatory framework (ARERA), and operational scale.
• MM S.p.A. MM S.p.A. is the integrated water service operator for the City of Milan, one of Italy's largest municipal water utilities. Directly comparable as a 100% publicly owned Italian water operator managing the full water cycle under ARERA regulation, but at substantially larger scale.
• CAP Holding: CAP Holding is the integrated water service operator for the Metropolitan City of Milan, part of the same Water Alliance - Acque di Lombardia consortium and the partner receiving the P.I.A. groundwater modeling system. Directly comparable as a Lombardy public water utility operating under regulated tariff and multi-municipal concession.
• Como Acqua: Como Acqua S.r.L. is the integrated water operator for the Province of Como and a laboratory-quality-assurance partner alongside Lario Reti Holding and BrianzAcque. Directly comparable as a neighboring Lombardy public water utility serving multiple municipalities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

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 Lario Reti Holding