Grundfos has completed the acquisition of XPV Water Partners portfolio company Metasphere - a leading provider of telemetry and analytics solutions for water networks.
Grundfos is now set to provide its global municipal customers even stronger offerings.
The partnership will help make water networks worldwide more robust in the face of climate change, solving a pressing global challenge.
Water system failures cost cities millions of euros - a number which will rise with climate change and resulting extreme weather events. Sewer networks are heavily impacted, but with Internet-of-Things-enabled hardware and weather data, coupled with strong analytics, the challenges can be significantly reduced.
Against this backdrop, the acquisition of Metasphere is an important milestone in Grundfos’ strategy to add to the company’s core competencies within pumps and hydraulics to address challenges requiring a holistic network perspective.
Key among Metasphere’s offerings is its ART Sewer integrated solution, which provides hardware and analytics software for the prediction and prevention of sewer network overflows.
With its proven easy-to-install deployment and immense insights, ART Sewer already supports leading water utilities combat the effects of environmental change.
HP Nanda, CEO of Water Utility at Grundfos, commented: “In Grundfos, we pioneer solutions to the world’s energy and climate challenges. It is clear that smart sewer technology will play a critical role in improving the ability of sewer systems worldwide to handle extreme weather events and overflows. We are excited about introducing Metasphere and their innovative solutions to our global audience of partners as part of our strategic journey towards a sustainable future where our water is safe.”
Grundfos acquires XPV Water Partners’ portfolio firm
