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 supplier of advanced acoustic water leak detection and pipe situation assessment solutions for water infrastructure. Aquarius Spectrum shall be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjacent companies within the area of water administration and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a year, with a strong growth potential. The monetary details of this agreement is not going to be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to tackle the world’s main water-related challenges corresponding to 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 the world, Aquarius Spectrum sells leak detection expertise which leverages acoustic sensors and complicated analysis engines to detect water leaks and pinpoint their exact location. To pressure gauge น้ำ , Aquarius Spectrum expertise has saved shut to 8 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 preserve and supply water. We know that as a outcome of aging water infrastructure, 35% of transported water on the earth is lost through hidden leakages that remain unimaginable to restore. Aquarius Spectrum’s state-of-the-art know-how significantly reduces water losses and proactively displays for future leakages in each new and growing older infrastructure. The acquisition of Aquarius Spectrum is a serious step in driving our ambition to create the subsequent technology of options with real societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I wish to want a warm welcome to the Aquarius Spectrum staff, who has developed very promising leak detection technology. They have demonstrated their entrepreneurial and business capabilities. We’re very excited to construct on their know-how, so we are ready to collectively scale as a lot as extra 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 51 66 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, simple to put in, and progressive options to handle the world’s water challenges and speed up the transition to clean energy.
Thanks to our 14,000+ staff, our pipes and becoming techniques meet our customers’ most demanding needs for the constructing, infrastructure, industrial and agriculture sectors. Operating in over forty international locations, the Company is active through main local brands and generated €3.7 billion revenue in 2021.
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