Veralto Enters Agreement to Purchase AQUAFIDES

Rhea-AI Summary

Veralto (NYSE: VLTO) has announced a definitive agreement to acquire AQUAFIDES, an Austria-based Ultraviolet (UV) treatment company, for approximately $20 million. The transaction is expected to close in Q2 2025.

AQUAFIDES specializes in designing, manufacturing, and supporting UV treatment systems for drinking water, wastewater reuse, and high-purity water applications in industries including food and beverage and pharmaceuticals. The acquisition will strengthen Trojan Technologies' European presence with local support and expand Veralto's UV treatment portfolio.

Positive

• Strategic acquisition valued at $20 million strengthens European market presence
• Expands UV treatment portfolio with complementary technologies
• Enhances local support and service capabilities in European market
• Gains access to food, beverage, and pharmaceutical industry applications

Negative

• None.

News Market Reaction – VLTO

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-0.09% News Effect

On the day this news was published, VLTO declined 0.09%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

FAQ

How much is Veralto (VLTO) paying for AQUAFIDES acquisition?

Veralto is acquiring AQUAFIDES for approximately $20 million.

When will Veralto's AQUAFIDES acquisition close?

The acquisition is expected to close in the second quarter of 2025.

What markets will AQUAFIDES add to Veralto's portfolio?

AQUAFIDES adds UV treatment systems for drinking water, wastewater reuse, and high-purity water applications in food and beverage, and pharmaceutical industries.

How will the AQUAFIDES acquisition benefit Veralto's European operations?

The acquisition will enhance Trojan Technologies' ability to serve European customers with strong local support and expand their UV treatment portfolio.