Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling access to water and energy through fluid administration options, proclaims the acquisition of Aquarius Spectrum, a novel supplier of advanced acoustic water leak detection and pipe condition assessment solutions for water infrastructure. Aquarius Spectrum shall be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjoining companies within the area of water administration and preservation.
The revenues of Aquarius Spectrum are beneath €5 million a 12 months, with a powerful growth potential. The monetary particulars of this agreement won’t be disclosed.
With this acquisition, Aliaxis additional strengthens its solutions base to deal with the world’s major water-related challenges such as sustainable water administration, resilient water infrastructure, access to water, and water for food. Aquarius Spectrum, an Israel-based technology firm, has developed ground-breaking techniques that proactively monitor water distribution networks. Throughout the world, Aquarius Spectrum sells leak detection expertise which leverages acoustic sensors and sophisticated analysis engines to detect water leaks and pinpoint their actual location. To date, Aquarius Spectrum expertise has saved close to 8 billion litres of water, which is the equal of 3,200 Olympic 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 as a end result of aging water infrastructure, 35% of transported water on the earth is lost via hidden leakages that remain unimaginable to repair. Aquarius Spectrum’s state-of-the-art know-how significantly reduces water losses and proactively displays for future leakages in both new and aging infrastructure. The acquisition of Aquarius Spectrum is a serious step in driving our ambition to create the following technology of options with real societal influence.”
เกจวัดแรงดัน4บาร์ Östbye, Head of Aliaxis Next says: “I need to want a heat welcome to the Aquarius Spectrum team, who has developed very promising leak detection expertise. เกจวัดแรงดัน250bar have demonstrated their entrepreneurial and business capabilities. We’re very excited to construct on their technology, so we will collectively scale as much as more precisely detect and repair water leaks. Together we will proceed to work to protect the world’s water resources”.
Media Contact Aliaxis
Chetan Corten | Global Communications Director
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About Aliaxis
At Aliaxis, we design sustainable, easy to put in, and innovative options to handle the world’s water challenges and speed up the transition to clean power.
Thanks to our 14,000+ staff, our pipes and fitting methods meet our customers’ most demanding needs for the building, infrastructure, industrial and agriculture sectors. Operating in over 40 international locations, the Company is energetic through leading native manufacturers and generated €3.7 billion income in 2021.
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