Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling access to water and energy via fluid management options, declares the acquisition of Aquarius Spectrum, a novel supplier of superior acoustic water leak detection and pipe condition evaluation solutions for water infrastructure. Aquarius Spectrum will be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjoining companies in the subject of water management and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a yr, with a powerful development potential. The monetary particulars of this settlement will not be disclosed.
With this acquisition, Aliaxis additional strengthens its solutions base to tackle the world’s main water-related challenges such as sustainable water administration, resilient water infrastructure, access to water, and water for meals. Aquarius Spectrum, an Israel-based technology 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 complex analysis engines to detect water leaks and pinpoint their actual location. To date, Aquarius Spectrum expertise has saved shut 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’re at Aliaxis. Our pipes and fittings systems assist protect and supply water. We know that as a result of growing older water infrastructure, 35% of transported water on the earth is misplaced by way of hidden leakages that stay impossible to restore. Aquarius Spectrum’s state-of-the-art expertise significantly reduces water losses and proactively displays for future leakages in each new and aging infrastructure. เกจวัดแรงดัน300psi of Aquarius Spectrum is a serious step in driving our ambition to create the following technology of solutions with actual societal impression.”
Fredrik Östbye, Head of Aliaxis Next says: “I want to want a heat welcome to the Aquarius Spectrum group, who has developed very promising leak detection expertise. They have demonstrated their entrepreneurial and business capabilities. We’re very excited to construct on their know-how, so we are able to collectively scale up to more accurately detect and repair water leaks. Together we’ll 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, straightforward to install, and innovative solutions to deal with the world’s water challenges and accelerate the transition to clean power.
Thanks to our 14,000+ workers, our pipes and fitting systems meet our customers’ most demanding needs 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 out there on www.aliaxis.com
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