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 energy via fluid management solutions, declares the acquisition of Aquarius Spectrum, a unique supplier of advanced acoustic water leak detection and pipe situation assessment options for water infrastructure. Aquarius Spectrum might be part of Aliaxis Next, Aliaxis’ newly created division which develops adjoining businesses within the field of water administration and preservation.
The revenues of Aquarius Spectrum are beneath €5 million a yr, with a powerful development potential. The monetary details of this settlement won’t be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to deal with the world’s major water-related challenges similar to sustainable water administration, resilient water infrastructure, access to water, and water for meals. 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 complex evaluation engines to detect water leaks and pinpoint their actual location. To date, Aquarius Spectrum expertise has saved shut to 8 billion litres of water, which is the equal of 3,200 Olympic swimming swimming pools.
Eric Olsen, CEO of Aliaxis says: “Water is central to who we are at Aliaxis. Our pipes and fittings methods help preserve and supply water. Piece of cake know that due to growing older water infrastructure, 35% of transported water on the earth is misplaced via hidden leakages that stay impossible to restore. Aquarius Spectrum’s state-of-the-art expertise significantly reduces water losses and proactively displays 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 following era of options with real societal impression.”
Fredrik Östbye, Head of Aliaxis Next says: “I want to want a heat welcome to the Aquarius Spectrum staff, who has developed very promising leak detection technology. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to construct on their know-how, so we will collectively scale up to 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, easy to put in, and revolutionary solutions to deal with the world’s water challenges and accelerate the transition to clean power.
Thanks to our 14,000+ workers, our pipes and becoming methods meet our customers’ most demanding needs for the building, infrastructure, industrial and agriculture sectors. Operating in over 40 nations, the Company is lively through main native brands and generated €3.7 billion revenue in 2021.
More data out there on www.aliaxis.com
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