Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling access to water and vitality through fluid management options, proclaims the acquisition of Aquarius Spectrum, a unique provider of advanced acoustic water leak detection and pipe situation evaluation options for water infrastructure. Aquarius Spectrum will be part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining companies in the area of water administration and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a year, with a strong progress potential. The monetary particulars of this settlement will not be disclosed.
With this acquisition, Aliaxis further strengthens its solutions base to deal with the world’s main water-related challenges similar to sustainable water administration, resilient water infrastructure, access to water, and water for food. Aquarius Spectrum, an Israel-based know-how company, has developed ground-breaking methods that proactively monitor water distribution networks. Throughout the world, Aquarius Spectrum sells leak detection know-how which leverages acoustic sensors and complicated evaluation engines to detect water leaks and pinpoint their precise location. To date, Aquarius Spectrum know-how has saved close to 8 billion litres of water, which is the equal of 3,200 Olympic swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we are at Aliaxis. pressure gauge วัด แรง ดัน and fittings systems help protect and supply water. We know that because of getting older water infrastructure, 35% of transported water on the earth is lost via hidden leakages that stay unimaginable to repair. Aquarius Spectrum’s state-of-the-art know-how considerably reduces water losses and proactively displays 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 next era of solutions with real societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I wish to want a heat welcome to the Aquarius Spectrum staff, who has developed very promising leak detection technology. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to construct on their know-how, so we can collectively scale as much as more accurately detect and fix water leaks. Together we’ll 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 66 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, straightforward to install, and innovative options to address the world’s water challenges and speed up the transition to wash energy.
Thanks to our 14,000+ staff, our pipes and becoming systems meet our customers’ most demanding wants for the constructing, infrastructure, industrial and agriculture sectors. Operating in over 40 countries, the Company is energetic via leading local brands and generated €3.7 billion income in 2021.
More info available on www.aliaxis.com
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