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Veralto Signs Definitive Agreement To Acquire Austria-Based Ultraviolet Treatment Company AQUAFIDES For ~$20M
Veralto Corp Common Stock VLTO | 97.77 | -0.38% |
Bolsters its Water Quality Portfolio with UV Treatment Technology; Further Expands Offerings in Europe
WALTHAM, Mass., Feb. 17, 2025 /PRNewswire/ -- 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.