Brussels, August eight, 2022 – Aliaxis SA, a world chief enabling access to water and vitality by way of fluid management options, proclaims the acquisition of Aquarius Spectrum, a singular supplier of superior acoustic water leak detection and pipe condition evaluation solutions for water infrastructure. Aquarius Spectrum shall be part of Aliaxis Next, Aliaxis’ newly created division which develops adjacent companies in the subject of water management and preservation.
The revenues of Aquarius Spectrum are under €5 million a year, with a robust growth potential. The financial particulars of this agreement will not be disclosed.
With this acquisition, Aliaxis additional strengthens its options base to tackle the world’s major water-related challenges such as sustainable water administration, resilient water infrastructure, access to water, and water for food. Aquarius Spectrum, an Israel-based know-how company, 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 sophisticated evaluation 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’re at Aliaxis. Our pipes and fittings systems assist preserve and provide water. We know that as a result of growing older water infrastructure, 35% of transported water on the planet is lost via hidden leakages that stay inconceivable to restore. Aquarius Spectrum’s state-of-the-art know-how significantly reduces water losses and proactively monitors for future leakages in each new and growing older infrastructure. The acquisition of Aquarius Spectrum is a significant step in driving our ambition to create the subsequent era of options with real societal impact.”

Fredrik 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 technology. They have demonstrated their entrepreneurial and enterprise capabilities. We’re very excited to construct on their know-how, so we are ready to collectively scale as much as more accurately detect and fix water leaks. Together we are going to proceed to work to protect the world’s water resources”.

Media Contact Aliaxis

Chetan Corten | Global Communications Director

T: +32 (0)478 fifty one 66 ninety two | E:

About Aliaxis

At Aliaxis, we design sustainable, simple to put in, and progressive options to address the world’s water challenges and speed up the transition to scrub power.
pressure gauge to our 14,000+ workers, our pipes and becoming methods meet our customers’ most demanding wants for the constructing, infrastructure, industrial and agriculture sectors. Operating in over 40 international locations, the Company is lively via leading local brands and generated €3.7 billion income in 2021.
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