"Romet was always well positioned for explosive growth and a massive modernization process – and Signal Hill made that all possible. They contributed to Romet’s expansion by offering operational stabilization, supporting talent and R&D through strategic development, and fueling growth through their long-term investment strategy."
Named one of Canada’s Best Managed Companies for four years running, Romet is a customer-focused global manufacturer of rotary gas meters and electronic instrumentation. They develop innovative designs and utilize state-of-the-art technologies to provide industry leading measurement solutions to gas utilities around the world.
When Signal Hill acquired Romet just over seven years ago, the company had approximately 50 employees. Since then, Romet has experienced double-digit, year-over-year organic growth, now employing 150 people.
Signal Hill has reinvested significant financial resources in R&D and our operations team played an important role assisting management in the execution of its strategic plan. Romet is now the dominant rotary meter manufacturer and service provider in Canada and has expanded into the USA, working with some of the largest utilities in North America.