Brussels, August 8, 2022 – Aliaxis SA, a world chief enabling access to water and power by way of fluid administration solutions, announces the acquisition of Aquarius Spectrum, a singular provider of advanced acoustic water leak detection and pipe condition assessment solutions for water infrastructure. Aquarius Spectrum shall be a part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses within the subject of water management and preservation.
The revenues of Aquarius Spectrum are under €5 million a year, with a powerful development potential. The monetary particulars of this settlement will not be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to deal with the world’s main water-related challenges such as sustainable water management, resilient water infrastructure, access to water, and water for food. Aquarius Spectrum, an Israel-based technology firm, has developed ground-breaking techniques that proactively monitor water distribution networks. Throughout the world, Aquarius Spectrum sells leak detection expertise which leverages acoustic sensors and sophisticated 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 three,200 Olympic swimming swimming pools.
เกจวัดแรงดันออกซิเจนราคา , CEO of Aliaxis says: “Water is central to who we are at Aliaxis. Our pipes and fittings methods assist protect and supply water. We know that because of getting older water infrastructure, 35% of transported water on the earth is lost through hidden leakages that remain inconceivable to repair. Aquarius Spectrum’s state-of-the-art expertise significantly reduces water losses and proactively screens for future leakages in each new and getting older infrastructure. The acquisition of Aquarius Spectrum is a significant step in driving our ambition to create the next era of solutions with real societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I need to want a warm 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 technology, so we will jointly scale up to more accurately detect and repair water leaks. Together we will continue to work to protect the world’s water resources”.
__________________________________________________________________________________________
Media Contact Aliaxis
Chetan Corten | Global Communications Director
T: +32 (0)478 fifty one sixty six 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, straightforward to put in, and progressive solutions to address the world’s water challenges and speed up the transition to scrub power.
Thanks to our 14,000+ staff, our pipes and fitting systems meet our customers’ most demanding wants for the building, infrastructure, industrial and agriculture sectors. Operating in over 40 international locations, the Company is lively via leading native brands and generated €3.7 billion income in 2021.
More data obtainable on www.aliaxis.com
Share