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Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling access to water and vitality by way of fluid management solutions, announces the acquisition of Aquarius Spectrum, a unique supplier of advanced acoustic water leak detection and pipe condition evaluation options for water infrastructure. Aquarius Spectrum might be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses within the area of water administration and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a yr, with a robust progress potential. The financial particulars of this settlement is not going to be disclosed.
With เกจวัดแรงดูด , Aliaxis additional strengthens its solutions base to deal with the world’s major water-related challenges similar to sustainable water administration, resilient water infrastructure, entry to water, and water for meals. Aquarius Spectrum, an Israel-based technology firm, has developed ground-breaking systems that proactively monitor water distribution networks. Throughout the world, Aquarius Spectrum sells leak detection know-how which leverages acoustic sensors and sophisticated analysis engines to detect water leaks and pinpoint their exact location. To date, Aquarius Spectrum expertise 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 because of growing older water infrastructure, 35% of transported water in the world is lost via hidden leakages that remain impossible to repair. Aquarius Spectrum’s state-of-the-art technology significantly reduces water losses and proactively monitors 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 next generation of options with real societal impression.”
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 enterprise capabilities. We’re very excited to construct on their technology, so we can jointly scale as much as more accurately detect and repair water leaks. Together we’ll proceed 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 sixty six ninety two | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, straightforward to install, and progressive options to address the world’s water challenges and accelerate the transition to wash vitality.
Thanks to our 14,000+ staff, our pipes and fitting methods meet our customers’ most demanding needs for the building, infrastructure, industrial and agriculture sectors. Operating in over 40 countries, the Company is energetic via main native manufacturers and generated €3.7 billion income in 2021.
More information available on www.aliaxis.com
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