Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling entry to water and energy through fluid administration options, declares the acquisition of Aquarius Spectrum, a novel supplier of superior acoustic water leak detection and pipe condition assessment solutions for water infrastructure. Aquarius Spectrum shall be a part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses in the field of water management and preservation.
The revenues of Aquarius Spectrum are under €5 million a 12 months, with a robust progress potential. The financial details of this settlement won’t be disclosed.
With this acquisition, Aliaxis further strengthens its solutions base to tackle the world’s major water-related challenges such as sustainable water management, resilient water infrastructure, access to water, and water for food. เครื่องมือใช้วัดความดัน , an Israel-based expertise company, has developed ground-breaking systems that proactively monitor water distribution networks. Throughout the world, 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 close to 8 billion litres of water, which is the equivalent of three,200 Olympic swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we are at Aliaxis. Our pipes and fittings methods assist preserve and provide water. We know that due to getting older water infrastructure, 35% of transported water on the earth is misplaced by way of hidden leakages that remain impossible to restore. Aquarius Spectrum’s state-of-the-art technology significantly reduces water losses and proactively displays for future leakages in each new and getting older infrastructure. The acquisition of Aquarius Spectrum is a serious step in driving our ambition to create the next technology of solutions with actual societal influence.”
Fredrik Östbye, Head of Aliaxis Next says: “I wish to wish a heat welcome to the Aquarius Spectrum group, who has developed very promising leak detection know-how. They have demonstrated their entrepreneurial and business capabilities. We’re very excited to construct on their expertise, so we are in a position to jointly scale as a lot as more accurately detect and repair water leaks. Together we will continue to work to protect the world’s water resources”.
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Media Contact Aliaxis
Chetan Corten | Global Communications Director
T: +32 (0)478 51 sixty six 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, simple to install, and progressive options to address the world’s water challenges and accelerate the transition to wash vitality.
Thanks to our 14,000+ staff, our pipes and becoming techniques meet our customers’ most demanding wants for the building, infrastructure, industrial and agriculture sectors. Operating in over forty nations, the Company is lively via leading native manufacturers and generated €3.7 billion income in 2021.
More data out there on www.aliaxis.com
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