Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling access to water and energy through fluid management solutions, declares the acquisition of Aquarius Spectrum, a novel provider of advanced acoustic water leak detection and pipe situation assessment options for water infrastructure. Aquarius Spectrum will be part of Aliaxis Next, Aliaxis’ newly created division which develops adjacent businesses within the area of water management and preservation.
The revenues of Aquarius Spectrum are beneath €5 million a yr, with a strong development potential. The monetary details of this settlement will not be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to sort out 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 expertise company, 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 precise location. To date, Aquarius Spectrum technology has saved close to eight billion litres of water, which is the equal of three,200 Olympic swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we’re at Aliaxis. Our pipes and fittings techniques assist preserve and supply water. We know that due to getting older water infrastructure, 35% of transported water on the earth is misplaced via hidden leakages that stay inconceivable to repair. Aquarius Spectrum’s state-of-the-art expertise significantly reduces water losses and proactively monitors for future leakages in each new and aging infrastructure. The acquisition of Aquarius Spectrum is a significant step in driving our ambition to create the subsequent generation of options with real societal influence.”
เครื่องมือที่ใช้ในการวัดความดัน 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 enterprise capabilities. We’re very excited to construct on their know-how, so we will jointly scale as a lot as more precisely detect and repair water leaks. Together we will continue 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 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 speed up the transition to wash energy.
Thanks to our 14,000+ employees, our pipes and fitting methods meet our customers’ most demanding needs for the constructing, infrastructure, industrial and agriculture sectors. Operating in over forty nations, the Company is lively by way of leading local manufacturers and generated €3.7 billion income in 2021.
More information available on www.aliaxis.com
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