Aliaxis acquires Aquarius Spectrum, a champion in superior acoustic water leak detection 

Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling access to water and power through fluid administration options, announces the acquisition of Aquarius Spectrum, a novel provider of superior acoustic water leak detection and pipe situation assessment options for water infrastructure. Aquarius Spectrum shall be part of Aliaxis Next, Aliaxis’ newly created division which develops adjacent companies in the field of water administration and preservation.
The revenues of Aquarius Spectrum are under €5 million a yr, with a strong progress potential. The financial particulars of this agreement is not going to be disclosed.
With this acquisition, Aliaxis further strengthens its options base to deal with the world’s major water-related challenges such as sustainable water administration, resilient water infrastructure, entry 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 No questions asked , Aquarius Spectrum sells leak detection expertise which leverages acoustic sensors and sophisticated analysis engines to detect water leaks and pinpoint their precise location. To date, Aquarius Spectrum expertise has saved shut to 8 billion litres of water, which is the equal 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 methods assist protect and provide water. We know that due to growing older water infrastructure, 35% of transported water on the earth is lost by way of hidden leakages that stay unimaginable to restore. Aquarius Spectrum’s state-of-the-art technology significantly reduces water losses and proactively monitors for future leakages in both new and growing older infrastructure. The acquisition of Aquarius Spectrum is a significant step in driving our ambition to create the subsequent technology of solutions with actual societal impact.”
Fredrik Östbye, Head of Aliaxis Next says: “I want to wish a heat welcome to the Aquarius Spectrum group, who has developed very promising leak detection know-how. They have demonstrated their entrepreneurial and business capabilities. We’re very excited to build on their expertise, so we can collectively scale up to extra accurately detect and fix water leaks. Together we will continue to work to preserve the world’s water resources”.
__________________________________________________________________________________________
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, easy to put in, and progressive solutions to address the world’s water challenges and accelerate the transition to clean energy.
Thanks to our 14,000+ staff, our pipes and fitting techniques meet our customers’ most demanding wants for the building, infrastructure, industrial and agriculture sectors. Operating in over forty international locations, the Company is active via main native brands and generated €3.7 billion revenue in 2021.
More info out there on www.aliaxis.com
Share

Leave a Comment