Announced
Synopsis
Aliaxis, a global provider of the manufacturing and distribution of advanced plastic piping systems, is set to invest in Kando, an environmental technology and data company specialising in digitising wastewater systems. financial terms were not disclosed. “We have made the strategic decision to create Aliaxis Ventures, a corporate venture arm dedicated to support and invest in entrepreneurial companies with a focus on water technologies. This to complement and further accelerate our innovation and new business development efforts. The partnership with Kando is a first step in this direction and will allow us to create more customer value," Koen Sticker, Aliaxis CEO.
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