Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling access to water and energy by way of fluid administration options, declares the acquisition of Aquarius Spectrum, a singular provider of advanced acoustic water leak detection and pipe condition assessment solutions for water infrastructure. Aquarius Spectrum shall be part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses in the area of water administration and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a 12 months, with a strong growth potential. The monetary details of this settlement won’t be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to sort out the world’s main water-related challenges corresponding to sustainable water management, resilient water infrastructure, access to water, and water for meals. เกจวัดแรงดันปั๊มลมpuma , an Israel-based expertise company, has developed ground-breaking methods that proactively monitor water distribution networks. Throughout the world, Aquarius Spectrum sells leak detection expertise which leverages acoustic sensors and complex analysis engines to detect water leaks and pinpoint their actual location. To date, Aquarius Spectrum know-how has saved close to 8 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 aging water infrastructure, 35% of transported water on the planet is misplaced via hidden leakages that stay unimaginable to restore. 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 following generation of solutions with actual societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I need to want a warm welcome to the Aquarius Spectrum group, who has developed very promising leak detection expertise. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to build on their expertise, so we will collectively scale up to extra accurately detect and fix water leaks. Together we are going to 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 51 sixty six ninety two | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, straightforward to put in, and progressive solutions to deal with the world’s water challenges and speed up the transition to clean power.
Thanks to our 14,000+ employees, our pipes and becoming systems meet our customers’ most demanding needs for the building, infrastructure, industrial and agriculture sectors. Operating in over forty international locations, the Company is lively through leading local manufacturers and generated €3.7 billion revenue in 2021.
More info obtainable on www.aliaxis.com
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