Oxford Flow, the flow control equipment specialist for energy, water and industrial process industries, has received investment from GF Piping Systems into its subsidiary OFUI.
This announcement follows the company achieving major business milestones over the last 18 months, since GF Piping Systems’ initial investment into OFUI in March last year. Key milestones included broadening market acceptance of the innovative pressure control technology and refining new manufacturing processes. Additionally, OFUI’s intellectual property portfolio has been further bolstered by patents in Europe and the USA.
Jens Frisenborg, head of BU industry at GF Piping Systems said: “We are pleased with the success of the first 18 months of our partnership with OFUI. The further investment will help propel the pressure regulating valve (PRV) technology forward even further, addressing a key customer requirement as we strive to solve water loss for life within water distribution networks. The speed of innovation and the specialist engineering capabilities that the combined GF Piping Systems and Oxford Flow teams bring to the market, ensures we can support water utilities around the world to help reduce non-revenue water.”
The investment will drive the expansion of OFUI’s operations globally as well as focus on product development. For instance, the company has been advancing its portfolio of intelligent technology and developing its first intelligent valve. This innovation will enable water networks to remotely track and visualise data, such as pressure and water quality, and provide real-time control and automation. These technologies allow network operators to optimise and control performance without using mains electricity.
Neil Poxon, CEO at Oxford Flow concluded: “With 46 billion litres of drinking water lost every day through leakage, our technology coupled with GF’s manufacturing capabilities can drastically help reduce non-revenue water from operators’ distribution networks, meaning more water can get to those who need it.”