Acquisition expands and accelerates pressure management solutions and analytics portfolio
Mueller Water Products has acquired i20 Water, a provider of pressure management solutions, for approximately US$20 million. The latter will become part of Mueller Water Products’ technology segment.
i20 Water delivers intelligent water networks to more than 100 water companies in over 45 countries globally to reduce water loss by providing solutions that enable operators to instrument, analyse and control water networks to reduce leakage, lower energy consumption and improve supply. Founded in 2005, the Southampton-headquartered i20 Water has operations in Malaysia and Colombia. The company provides a range of intelligent water network solutions including advanced pressure management, network analytics, event management, data logging and the iNet software suite.
The acquisition of i20 Water enhances Mueller’s ability to accelerate its software offerings, i20’s intelligent network solutions are complementary to both Sentryx, Mueller’s digital services platform, and existing Mueller technology-enabled products used for metering, leak detection, pipe condition assessment and water quality. Additionally, Mueller plans to introduce i20’s products and solutions in North America.
Scott Hall, president and CEO of Mueller Water Products, commented: “Our digital transformation strategy is focused on enabling water utilities to effectively monitor and manage their infrastructure networks. i20’ pressure management solutions, analytics and deep technology expertise will help expand our ability to provide products and solutions that support the resiliency and sustainability needs of our customers.”