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

Brussels, August eight, 2022 – Aliaxis SA, a world leader enabling entry to water and vitality by way of fluid management options, announces the acquisition of Aquarius Spectrum, a singular supplier of superior acoustic water leak detection and pipe condition evaluation options for water infrastructure. Aquarius Spectrum will be a half of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses within the subject of water administration and preservation.
The revenues of Aquarius Spectrum are beneath €5 million a yr, with a robust progress potential. The monetary particulars of this settlement will not be disclosed.
With this acquisition, Aliaxis further strengthens its solutions base to deal with the world’s major water-related challenges corresponding to sustainable water management, 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 analysis engines to detect water leaks and pinpoint their precise location. To date, Aquarius Spectrum technology has saved shut 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 methods assist preserve and supply water. Psycho know that due to aging water infrastructure, 35% of transported water on the planet is lost via hidden leakages that remain impossible to repair. Aquarius Spectrum’s state-of-the-art expertise significantly reduces water losses and proactively monitors for future leakages in both new and growing older infrastructure. The acquisition of Aquarius Spectrum is a serious step in driving our ambition to create the following technology of solutions with real societal impression.”
Fredrik Östbye, Head of Aliaxis Next says: “I want to want a warm 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 will collectively scale as much as extra precisely detect and repair water leaks. Together we’ll 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 fifty one 66 92 | E: chetan.corten@aliaxis.com
About Aliaxis
At Aliaxis, we design sustainable, straightforward to put in, and revolutionary solutions to deal with the world’s water challenges and speed up the transition to scrub energy.
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 nations, the Company is active via main native brands and generated €3.7 billion revenue in 2021.
More info available on www.aliaxis.com
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