Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling access to water and power through fluid management solutions, proclaims the acquisition of Aquarius Spectrum, a novel supplier of advanced acoustic water leak detection and pipe situation evaluation solutions for water infrastructure. Aquarius Spectrum might be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjacent businesses within the subject of water administration and preservation.
The revenues of Aquarius Spectrum are under €5 million a yr, with a strong development potential. The monetary details of this agreement is not going to be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to tackle the world’s main water-related challenges similar to sustainable water administration, resilient water infrastructure, entry to water, and water for food. Aquarius Spectrum, an Israel-based know-how firm, has developed ground-breaking methods that proactively monitor water distribution networks. Throughout the world, Aquarius Spectrum sells leak detection know-how which leverages acoustic sensors and complicated evaluation engines to detect water leaks and pinpoint their actual location. To date, Aquarius Spectrum technology has saved shut to eight billion litres of water, which is the equivalent of three,200 Olympic swimming swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we are at Aliaxis. Our pipes and fittings systems help protect and provide water. We know that as a end result of growing older water infrastructure, 35% of transported water in the world is misplaced via hidden leakages that remain impossible to restore. Aquarius Spectrum’s state-of-the-art know-how significantly reduces water losses and proactively displays for future leakages in both new and getting older infrastructure. The acquisition of Aquarius Spectrum is a serious step in driving our ambition to create the subsequent generation of solutions with real societal influence.”
pressure gauge หลักการ ทํา งาน Östbye, Head of Aliaxis Next says: “I need to wish a warm welcome to the Aquarius Spectrum team, who has developed very promising leak detection know-how. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to build on their technology, so we will collectively scale as much as extra precisely detect and fix water leaks. Together we will continue to work to preserve the world’s water resources”.
Media Contact Aliaxis
Chetan Corten | Global Communications Director
T: +32 (0)478 fifty one sixty six ninety two | E:
About Aliaxis
At Aliaxis, we design sustainable, easy to install, and innovative solutions to address the world’s water challenges and accelerate the transition to wash energy.
Thanks to our 14,000+ employees, our pipes and fitting systems meet our customers’ most demanding wants for the constructing, infrastructure, industrial and agriculture sectors. Operating in over forty international locations, the Company is energetic via main native manufacturers and generated €3.7 billion income in 2021.
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