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™."
