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

Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling entry to water and power through fluid management solutions, declares the acquisition of Aquarius Spectrum, a novel provider of advanced acoustic water leak detection and pipe condition assessment solutions for water infrastructure. Aquarius Spectrum will be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses in the field of water administration and preservation.
The revenues of Aquarius Spectrum are underneath €5 million a yr, with a powerful growth potential. The monetary details of this agreement is not going to be disclosed.
With this acquisition, Aliaxis further strengthens its solutions base to deal with the world’s main water-related challenges corresponding to sustainable water administration, resilient water infrastructure, access to water, and water for meals. Aquarius Spectrum, an Israel-based expertise company, 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 evaluation engines to detect water leaks and pinpoint their precise location. To date, Aquarius Spectrum know-how has saved close to eight 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 techniques help protect and provide 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 know-how considerably reduces water losses and proactively screens 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 options with real societal influence.”
Fredrik Östbye, Head of Aliaxis Next says: “I need to wish a warm welcome to the Aquarius Spectrum staff, who has developed very promising leak detection expertise. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to construct on their expertise, so we can collectively scale as much as more precisely detect and fix water leaks. Together we will 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 fifty one 66 ninety two | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, simple to put in, and revolutionary options to deal with the world’s water challenges and speed up the transition to scrub power.
Thanks to our 14,000+ workers, our pipes and fitting systems meet our customers’ most demanding wants for the building, infrastructure, industrial and agriculture sectors. Operating in over 40 countries, the Company is energetic through leading native brands and generated €3.7 billion revenue in 2021.
xp2i on www.aliaxis.com
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