Brussels, August 8, 2022 – Aliaxis SA, a world leader enabling access to water and vitality by way of fluid administration solutions, announces the acquisition of Aquarius Spectrum, a singular provider of superior acoustic water leak detection and pipe condition evaluation options for water infrastructure. Aquarius Spectrum shall be part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining companies in the field of water administration and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a year, with a robust development potential. The monetary details of this agreement won’t be disclosed.
With this acquisition, Aliaxis additional strengthens its solutions base to sort out the world’s major water-related challenges such as sustainable water management, resilient water infrastructure, access to water, and water for meals. Aquarius Spectrum, an Israel-based expertise company, 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 complicated analysis engines to detect water leaks and pinpoint their actual location. To date, Aquarius Spectrum technology has saved close to 8 billion litres of water, which is the equivalent of three,200 Olympic swimming 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 in the world is misplaced by way of hidden leakages that stay inconceivable to restore. Aquarius Spectrum’s state-of-the-art know-how significantly reduces water losses and proactively screens 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 subsequent generation of solutions with actual societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I wish to want 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 build on their expertise, so we will collectively scale up to more precisely detect and repair 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 fifty one 66 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, simple to put in, and innovative options to deal with the world’s water challenges and accelerate the transition to clean power.
Thanks to our 14,000+ staff, our pipes and fitting methods meet our customers’ most demanding wants for the constructing, infrastructure, industrial and agriculture sectors. Operating in over 40 countries, the Company is lively by way of main native brands and generated €3.7 billion income in 2021.
เครื่องมือที่ใช้วัดความดันเลือด info out there on www.aliaxis.com
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