Grundfos has completed the acquisition of XPV Water Partners portfolio company Metasphere. By adding the capabilities of Metasphere to its portfolio, Grundfos has said that it is set to provide its global municipal customers even stronger offerings.
According to a statement, water system failures cost cities a total of $194bn annually, 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.
Despite improvements over the years, raw sewage flowed into rivers and seas in England for more than 1.75m hours in 2022, the statement said. This includes sewer overflows caused by blockages and intrusion, causing damage to property and the environment.
Grundfos has reported that the acquisition of Metasphere is an important milestone in its strategy to add to its 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.
HP Nanda, CEO of Water Utility at Grundfos, said: “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.”