Watersprint AB, a leader in UVC LED water disinfection technology, has announced its acquisition of Acuva Technologies’ assets, including valuable intellectual property. This strategic move follows Acuva’s recent bankruptcy and aims to enhance Watersprint’s product offerings in the global water treatment market.
Key Takeaways
- Watersprint AB has acquired all assets of Acuva Technologies, including its patented IntenseBeam™ Technology.
- The acquisition strengthens Watersprint’s position in the water treatment market, particularly in residential and OEM applications.
- Watersprint is committed to ensuring a seamless transition for Acuva’s customers and continuing product support.
- The acquisition will enable Watersprint to expand its reach in Europe and North America.
Strategic Acquisition
The acquisition of Acuva Technologies marks a significant milestone for Watersprint AB. Known for its innovative UVC LED water purification systems, Acuva has built a reputation for energy-efficient solutions. By integrating Acuva’s technology, Watersprint aims to enhance its product portfolio and better serve its customers.
André Carlsson, CEO of Watersprint, expressed enthusiasm about the acquisition, stating, "This acquisition strengthens Watersprint’s position in the global water treatment market. By incorporating Acuva’s technology into our portfolio, we are better equipped to meet the diverse needs of our customers."
Commitment to Customers
Watersprint recognizes the importance of maintaining the trust of Acuva’s existing customers. The company is dedicated to ensuring a smooth transition and continued support for all Acuva products. Babak Adeli, former VP of Research & Development at Acuva, shared his excitement about joining Watersprint, emphasizing the importance of continuing the innovative solutions that Acuva was known for.
Future Growth and Innovation
With this acquisition, Watersprint is poised for significant growth. The company plans to leverage Acuva’s advanced technology to expand its market presence in Europe and North America. Tove Janzon, Chair of the Board, highlighted the benefits of the acquisition, stating, "This acquisition not only broadens Watersprint’s product portfolio but also brings in advanced and complementary technology along with a new customer base."
Conclusion
The acquisition of Acuva Technologies’ assets by Watersprint AB represents a strategic move to enhance its offerings in the water treatment sector. As the company integrates Acuva’s innovative technology, it aims to continue providing high-quality solutions to its customers while expanding its reach in the global market. This development is expected to pave the way for future innovations and growth in the field of water disinfection technology.
Sources
- Watersprint AB Acquires Acuva Technologies’ Assets, PR Newswire UK.