Altereco

What Altereco does

Altereco (alternatively "Altereco Ingeniería"; legal name Alternativas Ecológicas Ingeniería Energética, S.L.) is a private Spanish engineering firm founded in 2007 and headquartered in Alcalá de Henares, Madrid. The company provides end-to-end engineering, tank-protection, environmental monitoring and remediation services to fuel service stations, fuel storage and distribution facilities, property-owner communities with self-consumption fuel installations, and selected industrial clients across Spain. Since 2019 it has operated as the Spanish and Latin American platform of Wolftank-Adisa Holding AG, an Austrian-German group publicly listed on Frankfurt, Munich, Vienna, Xetra, Düsseldorf and Quotrix and present in more than 20 countries.

The core product offering is the EcoManager digital platform, which integrates five subscription modules into a single 24/7 interface: CEI (Statistical Inventory Reconciliation / wetstock management, powered by Leighton O'Brien's US EPA-certified algorithm with detection sensitivity of 0.1 gal/h at 99.6% certainty), Ecomótica (station automation controlling pumps, lighting, HVAC, fire suppression and access via PLCs), Ecompliance (mandatory annual review and electronic logbook with deadline alerts), Ecosensor (environmental sensor monitoring, primarily via SST wireless ATEX/UNE EN 13160-certified hydrocarbon sensors), and Ecopricing (daily fuel pricing recommendation). The platform is complemented by the DOPA® double-wall tank rehabilitation system (DIBt Z-65.30-486, EN 13160-7:2016) sourced from the Wolftank-Adisa group, authorised-distribution of equipment from Wayne Fueling Systems, ProGauge, Green Ocean and others, an in-house engineering practice covering petroleum, hydrogen, CNG, LNG and electric-charging installations, and — following the May 2020 acquisition of Sometec Aqua — environmental risk analysis, soil and groundwater characterisation, quantitative risk assessment, environmental due diligence for M&A, and remediation services.

Revenue is generated across multiple streams: one-time engineering and turnkey installation contracts; recurring annual EcoManager subscriptions (full suite or individual modules); project-based DOPA® tank-conversion sales; equipment-distribution markups on third-party hardware; professional-services revenue from Sometec Aqua's consultancy/remédiation work; and managed maintenance services aligned with Spanish IP04 regulatory cadences. Pricing is bespoke and quote-based and is not publicly disclosed. Go-to-market is sales-led and consultative: Altereco serves as technical advisor to industry associations (CEEES, FERECLAES, FEDMES), participates in trade shows such as Motortec Automechanika Madrid and COP25, and leverages the Wolftank-Adisa network to enter Latin American markets (Colombia operational; Panama, Costa Rica, Guatemala and Ecuador in early-stage rollout).

Name

Altereco

Legal name

ALTERNATIVAS ECOLÓGICAS INGENIERÍA ENERGÉTICA, S.L.

Website

https://alterecoingenieria.es

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Altereco is a Spanish engineering firm delivering tank protection, digital monitoring (EcoManager platform), and environmental remediation services to fuel service stations and industrial installations, operating as the Spain and Latin America platform of the publicly listed Wolftank-Adisa Holding AG.

Ownership category

akta.pro rank

Product category

Environmental Engineering Services

NAICS

Environmental Consulting Services (54162), Environmental Consulting Services (541620), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

Power Plant I&C / SCADA / DCS EPC (EUAEAAAN)

akta.pro secondary industries

SCADA, Instrumentation & Controls Integration for Water/Wastewater Projects (IMAFAGAK), I&C / Controls & Automation Commissioning (DCS/PLC/SCADA) (EUAEAJAD), Compliance Obligations Management (Permits-to-Controls Mapping) (EUAHAIAK)

Keywords

• Environmental engineering services
• Fuel station monitoring
• Tank protection systems
• Wetstock management
• Soil remediation services

Headquarters

HQ city

Alcalá De Henares

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Installation Services: Comprehensive engineering, installation, and construction services for service stations, fuel storage centres, and industrial installations. Includes design, permitting, construction, and commissioning (turnkey delivery).
2. EcoManager SaaS Monitoring Platform: Annual subscription for the EcoManager platform offering 24/7 monitoring with five integrated modules (CEI, Ecomótica, Ecompliance, Ecosensor, Ecopricing). Includes expert analyst support and remote alarm management. Can be contracted as individual modules or as a full suite.
3. Tank Protection and Rehabilitation (DOPA®): One-time installation and conversion of tanks to double-wall DOPA® system, providing continuous leak detection and prevention. Eliminates need for periodic tightness testing. Revenue from project-based installation contracts.
4. Equipment Distribution: Distribution agreements with major manufacturers (Wayne, ProGauge, SST, Green Ocean, Leighton O'Brien, Cubogas, alpitronic) bringing equipment to end customers. Revenue through markup on equipment sales and distribution agreements.
5. Environmental Consultancy and Remediation (SOMETEC AQUA): Environmental consulting services including risk analysis, soil and groundwater characterisation, quantitative risk assessment, environmental due diligence for M&A, and remediation services for contaminated sites.
6. Maintenance Services: Ongoing maintenance services for petroleum installations, tailored solutions for each client including weekly supervision, quarterly, semi-annual, and annual controls per regulatory requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Altereco provides integrated engineering, environmental, and digital monitoring services for fuel service stations and industrial installations in Spain and Latin America. Its core offerings include the EcoManager SaaS platform for 24/7 station monitoring (statistical inventory reconciliation, automation, compliance, environmental sensors, pricing), the patented DOPA® double-wall tank rehabilitation system, turnkey engineering and installation works for petroleum, hydrogen, CNG, LNG and electric installations, authorised equipment distribution, and the SOMETEC AQUA environmental consultancy and soil/groundwater remediation line.

Product overview

Altereco offers a platform-plus-modules architecture centered on EcoManager, a digital monitoring platform that integrates five services (CEI, Ecomótica, Ecompliance, Ecosensor, and Ecopricing) into a single interface for service stations and industrial facilities. Complementing the platform, Altereco distributes specialized equipment from partners including SST wireless leak detection sensors, ProGauge level probes and consoles, Wayne fuel dispensers (Helix series), and Leighton O'Brien wetstock management systems. The portfolio also includes the DOPA® double-wall tank rehabilitation system (from Wolftank-Adisa) and, following the 2020 acquisition of Sometec Aqua, a full range of environmental consulting and soil/groundwater remediation services. Engineering, installation, and maintenance services round out the offering, positioning Altereco as a full-service provider for service stations and the industrial sector across Spain and Latin America.

Differentiator

Problem solved

Functional benefit

Brands

• EcoManager: Plataforma digital de monitorización de estaciones de servicio que incluye servicios de Conciliación Estadística de Inventarios, Ecomótica, Ecompliance, Ecosensor y Ecopricing.
• CEI (Conciliación Estadística de Inventarios)
• Ecosensor
• Ecomótica
• Ecompliance
• Ecopricing
• SOMETEC AQUA

Products and services

• EcoManager Platform Comprehensive digital monitoring platform for service stations and industrial installations that integrates five modules (CEI Statistical Inventory Reconciliation, Ecomótica automation, Ecompliance regulatory tracking, Ecosensor environmental sensors, and Ecopricing fuel pricing) into a single interface with 24/7 expert analyst support and continuous alarm management. Available as full suite or individual modules on annual subscription.
• CEI Basic (Conciliación Estadística de Inventarios) Statistical Inventory Reconciliation (wetstock management) service for stations without a dispenser concentrator, providing monthly EPA-compliant SIR reports and 24/7 automatic alarm management via email, with optional tank calibration available at additional cost.
• DOPA® Double-Wall Tank System Patented double-containment tank rehabilitation and conversion system providing continuous 24/7 tank integrity monitoring through epoxy resin internal coating with DOPI® aluminium interstitial barrier. Eliminates the need for periodic discrete tightness testing and enables in-situ rehabilitation without interrupting station operations.
• SST Wireless Leak Detection System Wireless IoT-enabled hydrocarbon detection system for groundwater monitoring in control piezometers. Sensors float at groundwater level, detect hydrocarbon contact, and transmit alarms via repeaters to the station control unit. ATEX Zone II and UNE EN 13160 certified, IP68 protection, 7-year battery life, no civil works required for installation.
• SOMETEC AQUA Environmental Services Environmental consultancy and remediation services including environmental risk analysis, contaminated soil and groundwater characterisation, quantitative risk assessment for ecosystems and human health, environmental recovery of damaged sites, and environmental due diligence for M&A transactions.
• Engineering Services Turnkey engineering project implementation for petroleum, hydrogen, CNG, LNG, LPG, and electric charging installations, including calculation, design, planning, assembly, commissioning, regulatory compliance, and administrative permit management.
• Tank Installation and Rehabilitation Services Installation and rehabilitation of fuel storage tanks with the DOPA® double-wall conversion system applied in situ without interrupting operations. Technicians are Wolftank-Adisa certified with renewable three-year installation certifications.
• Maintenance Services

Quantifiable outcome

• Over 1,000 tanks monitored for tightness, enabling certification without traditional discrete testing
• +4 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered major, core and minor.

• Clúster Marítimo-Marino de Andalucía (CMMA)majorStrategic or Co-development Partner · 25 May 2021Association agreement signed May 2021 to promote sustainability in ports and maritime projects. Altereco's environmental solutions (leak detection, monitoring) are applied to maritime environments. First pilot project launched in Benalmádena port for continuous contamination monitoring. CMMA represents innovative companies from maritime subsectors including fishing, aquaculture, shipbuilding, maritime transport, ports, and maritime tourism.
• Sometec AquacoreOthers · 13 May 2020Altereco acquired 100% of Sometec Aqua in May 2020. The environmental consultancy, based in Daganzo de Arriba (Madrid), has 15 years of experience in soil remediation and contaminated groundwater treatment, including research projects and remediation. Integration into Altereco strengthens environmental services capability.
• SST - Smart Sensor TechnologycoreTechnology or Integration · 1 April 2020Technology partnership for wireless hydrocarbon leak detection system. SST's sensors float at groundwater level and transmit wireless alarms via repeaters to station control units. ATEX and UNE EN 13160 certified. No civil works required for installation. 7-year battery, no maintenance. The sensor integrates with Altereco's EcoManager platform (Ecosensor module). Wolftank-Adisa Group (including Austrian and Italian teams) has also adopted this system.
• ConexionamajorTechnology or Integration · 4 March 2020Partnership with Conexiona (Galician TIC company founded 2006) for developing new technological applications for service stations. Previously collaborated on EcoManager platform dashboard, new hardware for Ecomótica and CEI services, and data collection software. New agreement extends collaboration to develop additional solutions for digitising station operations.
• Leighton O'BriencoreTechnology or Integration · 5 February 2020Partnership announced February 2020 for delivering wetstock monitoring and Statistical Inventory Reconciliation (CEI) solutions to the Spanish market. Leighton O'Brien's CEI software integrates into Altereco's EcoManager platform. The company's algorithm is EPA-certified and recognised as the best for leak detection accuracy (0.1 gal/h threshold, 99.6% certainty). Leighton O'Brien operates in 24 countries.
• Wayne Fueling SystemsmajorChannel Partner/ Reseller/ DistributorAuthorised distributor of Wayne fuel dispensers (Helix series: 1000, 2000, 4000, 5000, 6000 models) for the Spanish market. Wayne is a global manufacturer of retail and fleet fuel dispensers at the forefront of technological advances in biofuels, payment security, multimedia marketing, and station control systems.
• ProGaugemajorChannel Partner/ Reseller/ DistributorAuthorised distributor of ProGauge liquid level gauge solutions including MagLink LX console (touchscreen, Linux OS, up to 32 tanks), DMP-SI-485 intrinsically safe probes, and XMT-SI-RF wireless probes. ProGauge products comply with EN 13160 standard.
• Green OceanminorChannel Partner/ Reseller/ DistributorAuthorised distributor of Green Ocean environmental products (oil spills, wastewater processing, sludge treatment, water evaporation prevention) featuring patented natural nano-reinforced absorbent material with 1:50 absorption ratio.
• Henrich Management Solutions IberiamajorOthersAcquired by Altereco in December 2015, Henrich Management Solutions Iberia expanded Altereco's portfolio and market position, consolidating it as a leading full-service provider for service stations. Following this acquisition, Altereco was able to achieve ENAC ISO 17020 accreditation.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Afry (formerly Pöyry): Nordic-headquartered engineering and consulting firm with energy infrastructure, hydrogen, and environmental services across Europe. Comparable to Altereco's engineering, hydrogen station, and environmental remediation offerings, with broader European reach but no Spanish market depth.
• Sacyr Servicios: Spanish infrastructure services group with environmental, water, and industrial services including site remediation. Competes in Altereco's home market on environmental consulting and industrial services, with greater scale but a more diversified portfolio.

Broad incumbents

• SGS: Global testing, inspection and certification company with substantial environmental services, fuel quality, and soil/groundwater remediation practices. Comparable to Altereco's SOMETEC AQUA environmental consulting and ENAC-accredited inspection offerings, but at far broader geographic and service scale.
• Gilbarco Veeder-Root: Global leader in fuel dispensing, point-of-sale, and forecourt automation including tank gauging and environmental compliance. Competes with Altereco's Wayne-dispensed, ProGauge-gauged, EcoManager-monitored offering as a broader integrated suite for service stations worldwide.
• Bureau Veritas: International TIC firm with environmental compliance, due diligence, and soil/groundwater assessment services. Overlaps with Altereco's environmental consulting, M&A due diligence, and ISO 17020 inspection capabilities, though Bureau Veritas operates at vastly greater scale.
• OPW (a Dover company): Global supplier of fluid handling solutions including fuel dispensing nozzles, valves, fittings, and tank monitoring equipment. Competes with parts of Altereco's distribution portfolio (equipment from Wayne, ProGauge, SST) for service station retrofit and new build projects.
• Veolia Environmental Services (Spain): Spanish arm of global environmental services group offering soil/groundwater remediation, industrial waste management, and environmental due diligence. Comparable to SOMETEC AQUA's remediation practice, with substantially greater resources and brand recognition.

Direct peers

• Franklin Fueling Systems: Manufacturer of fuel handling and tank monitoring equipment including ATG systems, leak detection sensors, and corrosion control. Directly comparable on the tank integrity, leak detection, and wetstock management dimensions of Altereco's portfolio.
• Leighton O'Brien: Australian-headquartered global leader in fuel system management, tank and line testing, and wetstock management. Operates in 24 countries with the EPA-recognized CEI/SIR algorithm that Altereco resells and integrates into EcoManager — a direct competitor and channel partner.
• Wolftank-Adisa Holding AG: Parent company and original developer of DOPA® and DUPLO double-wall tank conversion systems. Directly comparable as tank protection and environmental services provider across 20+ countries; Altereco is essentially Wolftank-Adisa's Spanish/LATAM operating subsidiary.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alterecoie
• Xx.com/alterecoie

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Altereco