OTTAWA (dpa-AFX) - Veralto Corporation (VLTO), a provider of water treatment products, said on Monday that it has inked a deal to acquire AQUAFIDES, an Austrian ultraviolet or UV water treatment company, for around $20 million. The transaction is expected to be closed in the second quarter of 2025.
Melissa Aquino, Senior Vice President of Water Quality at Veralto, said: '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.'
Trojan Technologies Group Plc is an operating company of Veralto Corporation.
AQUAFIDES is a maker of high-quality UV treatment systems to treat wastewater for reuse and provide high-purity water for a variety of industrial applications, including food, beverage, and pharmaceuticals.
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