Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling entry to water and vitality via fluid management solutions, proclaims the acquisition of Aquarius Spectrum, a unique supplier of superior acoustic water leak detection and pipe condition evaluation solutions for water infrastructure. Aquarius Spectrum shall be a part of Aliaxis Next, Aliaxis’ newly created division which develops adjacent companies in the subject of water management and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a year, with a strong development potential. The monetary particulars of this agreement is not going to be disclosed.
With this acquisition, Aliaxis additional strengthens its solutions base to deal with the world’s major water-related challenges corresponding to sustainable water management, resilient water infrastructure, entry to water, and water for meals. Aquarius Spectrum, an Israel-based know-how company, has developed ground-breaking techniques 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 precise location. To date, Aquarius Spectrum expertise has saved shut to 8 billion litres of water, which is the equal of 3,200 Olympic swimming swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we’re at Aliaxis. Our pipes and fittings techniques assist preserve and provide water. We know that because of growing older water infrastructure, 35% of transported water in the world is lost by way of hidden leakages that stay inconceivable to restore. เกจวัดแรงดันเชื้อเพลิง ’s state-of-the-art technology significantly reduces water losses and proactively monitors 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 technology of options with actual societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I need to wish a warm welcome to the Aquarius Spectrum staff, who has developed very promising leak detection expertise. They have demonstrated their entrepreneurial and business capabilities. We’re very excited to build on their expertise, so we will jointly scale up to extra precisely detect and fix 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, straightforward to install, and revolutionary options to handle the world’s water challenges and speed up the transition to scrub energy.
Thanks to our 14,000+ employees, our pipes and becoming systems meet our customers’ most demanding needs for the constructing, infrastructure, industrial and agriculture sectors. Operating in over forty nations, the Company is active by way of main local manufacturers and generated €3.7 billion revenue in 2021.
More information obtainable on www.aliaxis.com
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