Veralto Enters Agreement to Purchase AQUAFIDES

Core Viewpoint - Veralto Corporation has signed a definitive agreement to acquire AQUAFIDES, a UV treatment company based in Austria, for approximately $20 million, with the transaction expected to close in the second quarter of 2025 [1][2]. Group 1: Acquisition Details - The acquisition of AQUAFIDES will enhance Veralto's water quality portfolio by adding high-quality UV treatment systems that meet stringent drinking water requirements and support wastewater treatment for reuse [2][3]. - The transaction is valued at around $20 million and is anticipated to be finalized in Q2 2025 [1]. Group 2: Strategic Benefits - AQUAFIDES will strengthen Trojan Technologies' ability to serve European customers by providing strong local support and expanding the UV treatment portfolio with efficient systems [3]. - The founders of AQUAFIDES expressed excitement about joining Veralto, highlighting shared values and a mission to provide clean water to communities [3]. Group 3: Company Background - Veralto Corporation generates annual sales exceeding $5 billion and is recognized as a global leader in essential technology solutions, focusing on clean water, safe food, and trusted goods [4]. - Trojan Technologies, a subsidiary of Veralto, has been providing innovative water treatment solutions for nearly 50 years, improving the lives of over one billion people globally [5]. - AQUAFIDES is dedicated to producing sustainably healthy drinking water and emphasizes customer satisfaction through high-quality products and services [6].