Bolsters its Water Quality Portfolio with UV Treatment Technology; Further Expands Offerings in Europe
WALTHAM, Mass., Feb. 17, 2025 /PRNewswire/ -- Veralto Corporation (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced the signing of a definitive agreement to acquire Austria-based Ultraviolet (UV) treatment company AQUAFIDES for approximately $20 million. This transaction is expected to close in the second quarter of 2025.
AQUAFIDES designs, manufactures and supports high-quality UV treatment systems that meet the stringent requirements for drinking water, treat wastewater for reuse and provide high purity water for a variety of industrial applications, including food and beverage, and pharmaceuticals.
"AQUAFIDES enhances Trojan Technologies' ability to serve European customers with strong local support and excellent service while also expanding our UV treatment portfolio with high-quality, efficient, fit-for-purpose systems," said Melissa Aquino, Senior Vice President of Water Quality at Veralto. "We look forward to welcoming the AQUAFIDES team to Veralto and unlocking new growth opportunities together."
"AQUAFIDES and Trojan Technologies share complementary technologies with similar cultures inspired by the mission of bringing clean water to communities who depend on it," said Friedrich Stadler and Wolfgang Ecker, Founders at AQUAFIDES. "We are excited to join Veralto and share in their purpose of Safeguarding the World's Most Vital Resources™."
ABOUT VERALTO
With annual sales of over $5 billion, Veralto is a global leader in essential technology solutions with a proven track record of solving some of the most complex challenges we face as a society. Our industry-leading companies with globally recognized brands help billions of people around the world access clean water, safe food and trusted essential goods. Headquartered in Waltham, Massachusetts, our global team of nearly 17,000 associates is committed to making an enduring positive impact on our world and united by a powerful purpose: Safeguarding the World's Most Vital Resources™.
ABOUT TROJAN TECHNOLOGIES GROUP ULC
For nearly 50 years, Trojan Technologies has been providing innovative water treatment solutions that enable municipal, industrial, and residential customers to meet their water quality objectives. Our UV treatment and filtration brands TrojanUV, Aquafine, VIQUA, and Aria Filtra (formerly Pall Water) actively improve the lives of more than one billion people globally. Trojan Technologies, based in Canada, is an operating company of Veralto Corporation (NYSE:VLTO). For more information, visit TrojanTechnologies.com.
ABOUT AQUAFIDES
AQUAFIDES is a European company headquartered in Austria with operations in Switzerland and Germany. Our top priority is customer satisfaction, guided by our principle to produce sustainably healthy drinking water and inspiring customers with our expertise and reliability. With decades of experience and a focus on innovation, our in-house development ensures the highest quality products and services. We strive to be the most customer-friendly company, offering the most reliable UV disinfection devices. Our comprehensive range of products and services includes UV disinfection units, special designs for specific applications, UV lamps, fast spare parts supply, professional advice, maintenance, and local distributor representation.
View original content to download multimedia:https://www.prnewswire.com/news-releases/veralto-enters-agreement-to-purchase-aquafides-302377315.html
SOURCE Veralto