Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling entry to water and power via fluid management solutions, declares the acquisition of Aquarius Spectrum, a novel supplier of advanced acoustic water leak detection and pipe situation evaluation solutions for water infrastructure. Aquarius Spectrum will be a part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining companies in the field of water management and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a 12 months, with a robust growth potential. The monetary particulars of this settlement is not going to be disclosed.
With this acquisition, Aliaxis further 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 know-how firm, has developed ground-breaking methods that proactively monitor water distribution networks. Throughout เกจวัดแรงดันลม , Aquarius Spectrum sells leak detection know-how which leverages acoustic sensors and complex evaluation engines to detect water leaks and pinpoint their exact location. To date, Aquarius Spectrum expertise has saved shut to eight billion litres of water, which is the equivalent 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 methods assist protect and supply water. We know that because of growing older water infrastructure, 35% of transported water in the world is misplaced via hidden leakages that remain inconceivable to restore. Aquarius Spectrum’s state-of-the-art expertise considerably reduces water losses and proactively monitors for future leakages in each new and growing older infrastructure. The acquisition of Aquarius Spectrum is a major step in driving our ambition to create the following era of solutions with real 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 technology. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to build on their know-how, so we will jointly scale up to extra precisely detect and fix water leaks. Together we will proceed 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 66 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, simple to put in, and innovative solutions to deal with the world’s water challenges and accelerate the transition to wash energy.
Thanks to our 14,000+ employees, our pipes and becoming techniques meet our customers’ most demanding needs for the building, infrastructure, industrial and agriculture sectors. Operating in over forty nations, the Company is lively by way of leading native brands and generated €3.7 billion income in 2021.
More data obtainable on www.aliaxis.com
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