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Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling access to water and energy through fluid administration solutions, declares the acquisition of Aquarius Spectrum, a singular supplier of superior acoustic water leak detection and pipe condition assessment options for water infrastructure. Aquarius Spectrum will be part 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 powerful growth potential. The monetary particulars of this settlement is not going to be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to sort out 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 technology company, has developed ground-breaking methods that proactively monitor water distribution networks. Throughout เกจวัดแรงดัน , Aquarius Spectrum sells leak detection know-how which leverages acoustic sensors and complex analysis engines to detect water leaks and pinpoint their exact location. To date, Aquarius Spectrum expertise has saved shut to eight billion litres of water, which is the equal of three,200 Olympic swimming swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we’re at Aliaxis. Our pipes and fittings techniques help protect and provide water. We know that because of getting older water infrastructure, 35% of transported water in the world is misplaced via hidden leakages that stay inconceivable to repair. Aquarius Spectrum’s state-of-the-art expertise considerably reduces water losses and proactively displays for future leakages in both new and growing older infrastructure. The acquisition of Aquarius Spectrum is a significant step in driving our ambition to create the subsequent generation of solutions with real societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I wish to want a heat welcome to the Aquarius Spectrum staff, who has developed very promising leak detection technology. They have demonstrated their entrepreneurial and business capabilities. We’re very excited to build on their know-how, so we can collectively scale up to extra precisely detect and repair water leaks. Together we’ll continue to work to preserve the world’s water resources”.
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Media Contact Aliaxis
Chetan Corten | Global Communications Director
T: +32 (0)478 fifty one 66 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, easy to install, and progressive options to address the world’s water challenges and accelerate the transition to clean vitality.
Thanks to our 14,000+ staff, our pipes and becoming methods meet our customers’ most demanding wants for the building, infrastructure, industrial and agriculture sectors. Operating in over 40 nations, the Company is lively via leading local manufacturers and generated €3.7 billion income in 2021.
More information out there on www.aliaxis.com
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